Timothy Alan Boroughs - May 5, 2022 Form 4 Insider Report for Chubb Ltd (CB)

Role
Executive Vice President*
Signature
/s/ Samantha Froud, Attorney-in-fact
Stock symbol
CB
Transactions as of
May 5, 2022
Transactions value $
-$1,833,410
Form type
4
Date filed
5/9/2022, 07:01 AM
Previous filing
Mar 1, 2022
Next filing
May 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CB Common Shares Options Exercise $1.54M +15.9K +24.26% $96.76 81.6K May 5, 2022 Direct
transaction CB Common Shares Sale -$3.38M -15.9K -19.53% $211.83 65.7K May 5, 2022 Direct F1
holding CB Common Shares 40K May 5, 2022 By Trust
holding CB Common Shares 12.1K May 5, 2022 By Wife
holding CB Common Shares 38K May 5, 2022 By Wife's Trust
holding CB Common Shares 2.34K May 5, 2022 Family Foundation

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 -15.9K -12.33% $0.00 113K May 5, 2022 Common Shares 15.9K $96.76 Direct F2, F3
* 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 $211.79 and $212.01 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 Options vested as follows: 1/3 on February 27, 2015, 1/3 on February 27, 2016 and 1/3 on February 27, 2017.
F3 All options of this tranche have been exercised. Total includes options from other tranches with different exercise prices, vesting and expiration dates.

Remarks:

*& Chief Investment Officer, Chubb Limited