Evan G. Greenberg - Aug 23, 2021 Form 4/A - Amendment Insider Report for Chubb Ltd (CB)

Role
Chairman & CEO, Director
Signature
/s/ Samantha Froud, Attorney-in-fact
Stock symbol
CB
Transactions as of
Aug 23, 2021
Transactions value $
$99,976
Form type
4/A - Amendment
Date filed
10/28/2021, 04:41 PM
Date Of Original Report
Aug 25, 2021
Previous filing
Aug 3, 2021
Next filing
Sep 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CB Common Shares Options Exercise $100K +1.36K +0.19% $73.35 733K Aug 23, 2021 Direct F1
holding CB Common Shares 23.3K Aug 23, 2021 By Son's Trust
holding CB Common Shares 48.8K Aug 23, 2021 By Daughter's Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CB Options to Acquire Common Shares Options Exercise $0 -1.36K -0.76% $0.00 178K Aug 23, 2021 Common Shares 1.36K $73.35 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 25, 2021, the reporting person filed a Form 4 reporting an exercise of options to acquire 70,109 common shares and the subsequent sale of such shares on August 23, 2021, and an exercise of options to acquire 45,433 common shares and the subsequent sale of such shares on August 24, 2021. Such options to acquire common shares had previously been gifted to entities for which adult family members of the reporting person are beneficiaries and for which the reporting person does not have a pecuniary interest, so the exercise of those options and subsequent sale of shares did not need to be reported. This Form 4/A amends the Form 4 filed on August 25, 2021 so that such Form 4, as amended, only reflects the exercise of the 1,363 options to acquire common shares held by the reporting person on August 23, 2021.
F2 Options vested as follows: 1/3 on February 23, 2013, 1/3 on February 23, 2014 and 1/3 on February 23, 2015.
F3 As of August 25, 2021, the reporting person owned in aggregate 177,851 options to acquire common shares, which such aggregate number includes options from other tranches with different exercise prices, vesting and expiration dates.