Bryce L. Johns - Feb 23, 2023 Form 3 Insider Report for Chubb Ltd (CB)

Signature
/s/ Samantha Froud, Attorney-in-fact
Stock symbol
CB
Transactions as of
Feb 23, 2023
Transactions value $
$0
Form type
3
Date filed
2/24/2023, 07:39 AM
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CB Common Shares 9.24K Feb 23, 2023 Direct F1, F2, F3

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
holding CB Options to Acquire Common Shares Feb 23, 2023 Common Shares 4.39K $205.17 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Included in the total are 6,520 shares of restricted stock granted pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan"). These shares vest in equal installments on May 2, 2023, May 2, 2024, May 2, 2025 and May 2, 2026.
F2 Included in the total are 1,645 shares of restricted stock granted on May 2, 2022 pursuant to the Plan. These shares vest on the third anniversary of the date of the award subject to the satisfaction of certain service and performance based criteria.
F3 Included in the total are 1,070 shares of restricted stock granted on May 2, 2022 pursuant to the Plan, representing a premium performance award with respect to the performance restricted stock awards. These shares vest on the third anniversary of the date of the award subject to the satisfaction of certain service and performance based criteria. These shares will not be entitled to vote until vested. Dividends on these shares shall be accumulated and distributed only when, and to the extent, that the shares have vested.
F4 Options awarded pursuant to the Plan. Options vest in equal installments on May 2, 2023, May 2, 2024 and May 2, 2025.

Remarks:

*Chubb Group. President, Chubb Life. Exhibit List Exhibit 24 - Power of Attorney