Olivier Steimer - 19 May 2022 Form 4 Insider Report for Chubb Ltd (CB)

Role
Director
Signature
/s/ Samantha Froud, Attorney-in-fact
Issuer symbol
CB
Transactions as of
19 May 2022
Transactions value $
-$11,825
Form type
4
Date filed
23 May 2022, 13:11
Previous filing
24 May 2021
Next filing
19 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CB Common Shares Award +932 +3.87% 25K 19 May 2022 Direct F1, F2
transaction CB Common Shares Tax liability -$11.8K -58 -0.23% $203.88 24.9K 19 May 2022 Direct F3
* 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 includes 62.84 shares credited at various times between July 2021 and April 2022 to the reporting person's deferred stock account pursuant to the dividend investment provisions of the Plan, which meets the requirements of Rule 16b-3.
F3 Common Shares being withheld in order to pay tax liability.