John J. Lupica - 07 Jan 2022 Form 4 Insider Report for Chubb Ltd (CB)

Role
Vice Chrm, Chubb Group*
Signature
/s/ Samantha Froud, Attorney-in-Fact
Issuer symbol
CB
Transactions as of
07 Jan 2022
Net transactions value
-$1,834,854
Form type
4
Filing time
11 Jan 2022, 09:55:46 UTC
Previous filing
13 Aug 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 $1,441,554 +16,882 +12% $85.39 158,971 07 Jan 2022 Direct F1, F2
transaction CB Common Shares Sale $3,376,400 -16,882 -11% $200.00 142,089 07 Jan 2022 Direct F1
transaction CB Common Shares Options Exercise $99,992 +1,171 +0.82% $85.39 143,260 10 Jan 2022 Direct F3
holding CB Common Shares 78,700 07 Jan 2022 By Trust for Wife
holding CB Common Shares 10,000 07 Jan 2022 By Trust for Descendants

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 -16,882 -8.1% $0.000000 192,148 07 Jan 2022 Common Shares 16,882 $85.39 Direct F1, F4, F5
transaction CB Options to Acquire Common Shares Options Exercise $0 -1,171 -0.61% $0.000000 190,977 10 Jan 2022 Common Shares 1,171 $85.39 Direct F3, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options were exercised and the resulting shares were sold in compliance with a qualified selling plan adopted by the reporting person pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
F2 Total includes 157 shares purchased on 6/30/2021 pursuant to the Chubb Ltd. Employee Stock Purchase Plan which meets the requirements of rule 16b-3.
F3 These options were exercised in compliance with a qualified plan adopted by the reporting person pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
F4 The stock options vested in equal installments on February 28, 2014, February 28, 2015 and February 28, 2016.
F5 Total includes options from other tranches with different exercise prices, vesting and expiration dates.
F6 All options of this tranche have been exercised. Total includes options from other tranches with different exercise prices, vesting and expiration dates.

Remarks:

*and President, North America Insurance