Robert W. Scully - May 19, 2022 Form 4 Insider Report for Chubb Ltd (CB)

Role
Director
Signature
/s/ Samantha Froud, Attorney-in-fact
Stock symbol
CB
Transactions as of
May 19, 2022
Transactions value $
-$104,387
Form type
4
Date filed
5/23/2022, 12:58 PM
Previous filing
Feb 15, 2022
Next filing
Oct 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CB Common Shares Award +1.77K +11.87% 16.6K May 19, 2022 Direct F1, F2
transaction CB Common Shares Tax liability -$104K -512 -3.08% $203.88 16.1K May 19, 2022 Direct F3
holding CB Common Shares 27.2K May 19, 2022 By Robert W Scully 2015 Revocable Trust
holding CB Common Shares 2.78K May 19, 2022 By Daughter F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award granted as director fees under a Chubb Limited long-term incentive plan (the "Plan"), which meets the requirements of Rule 16b-3. Such restricted stock will vest on the day of the next annual Chubb Limited shareholders meeting, assuming the reporting person is a director of Chubb Limited on such date.
F2 Total reflects that 9,750 shares, which due to administrative error were previously reported as being held directly, are held indirectly by trust.
F3 Common Shares being withheld in order to pay tax liability.
F4 The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.