John J. Lupica - Mar 22, 2022 Form 4 Insider Report for Chubb Ltd (CB)

Role
Vice Chrm, Chubb Group*
Signature
/s/ Samantha Froud, Attorney-in-Fact
Stock symbol
CB
Transactions as of
Mar 22, 2022
Transactions value $
-$2,652,833
Form type
4
Date filed
3/24/2022, 06:11 AM
Previous filing
Mar 1, 2022
Next filing
Mar 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CB Common Shares Options Exercise $2.17M +22.4K +13.11% $96.76 194K Mar 22, 2022 Direct F1
transaction CB Common Shares Sale -$4.82M -22.4K -11.59% $215.00 171K Mar 22, 2022 Direct F1
holding CB Common Shares 78.7K Mar 22, 2022 By Trust for Wife
holding CB Common Shares 10K Mar 22, 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 -22.4K -10.38% $0.00 194K Mar 22, 2022 Common Shares 22.4K $96.76 Direct F1, F2, F3
* 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 The stock options vested in equal installments on February 27, 2015, February 27, 2016 and February 27, 2017.
F3 There are 1,033 options remaining in this tranche. Total includes options from other tranches with different exercise prices, vesting and expiration dates.

Remarks:

*and President, North America Insurance