John W. Keogh - 03 Dec 2021 Form 4 Insider Report for Chubb Ltd (CB)

Role
President & COO
Signature
/s/ Samantha Froud, Attorney-in-fact
Issuer symbol
CB
Transactions as of
03 Dec 2021
Net transactions value
-$2,730,702
Form type
4
Filing time
07 Dec 2021, 13:09:07 UTC
Previous filing
21 May 2021
Next filing
24 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CB Common Shares Options Exercise $2,433,103 +28,494 +13% $85.39 240,864 03 Dec 2021 Direct
transaction CB Common Shares Sale $5,163,968 -28,494 -12% $181.23 212,370 03 Dec 2021 Direct F1
transaction CB Common Shares Options Exercise $99,992 +1,171 +0.55% $85.39 213,541 03 Dec 2021 Direct
transaction CB Common Shares Tax liability $59,164 -327 -0.15% $180.93 213,214 03 Dec 2021 Direct F2, F3
transaction CB Common Shares Tax liability $40,664 -225 -0.11% $180.73 212,989 03 Dec 2021 Direct F2, F3
transaction CB Common Shares Gift $0 -1,700 -0.8% $0.000000 211,289 03 Dec 2021 Direct
holding CB Common Shares 2,659 03 Dec 2021 By Daughter's Trust
holding CB Common Shares 2,660 03 Dec 2021 By Daughter's Trust
holding CB Common Shares 2,660 03 Dec 2021 By Daughter's Trust
holding CB Common Shares 68,786 03 Dec 2021 By 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 -28,494 -9.9% $0.000000 258,400 03 Dec 2021 Common Shares 28,494 $85.39 Direct F4, F5
transaction CB Options to Acquire Common Shares Options Exercise $0 -1,171 -0.45% $0.000000 257,229 03 Dec 2021 Common Shares 1,171 $85.39 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Common Shares reported herein as being sold were sold at a range of between $180.925 and $181.44 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such price range.
F2 Represents the payment of the exercise price and withholding taxes of an employee stock option through the attestation of previously owned shares.
F3 The price is equal to the fair market value of the Common Shares on the date of exercise and is used to determine the value of the shares delivered to the Company by attestation of previously owned shares in payment of the exercise price and withholding taxes.
F4 Options vested as follows: 1/3 on February 28, 2014, 1/3 on February 28, 2015 and 1/3 on February 28, 2016.
F5 Total includes options from other tranches with different exercise prices, vesting dates and expiration dates.