Hagan Annmarie T. - 23 Feb 2023 Form 4 Insider Report for Chubb Ltd (CB)

Role: Chief Accounting Officer
Signature: /s/ Samantha Froud, Attorney-in-fact
Issuer symbol: CB
Transactions as of: 23 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 27 Feb 2023, 15:48:46 UTC
Previous filing: 01 Mar 2022
Next filing: 28 Feb 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	$0	+1,798	+16%	$0.000000	12,984	23 Feb 2023	Direct	F1, F2

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	Award	$0	+2,397	+14%	$0.000000	19,485	23 Feb 2023	Common Shares	2,397	$208.60	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted Stock Units ("RSU") awarded pursuant to Chubb Limited 2016 Long-Term Incentive Plan (the "Plan"). The RSUs vest as follows: 1/4 on the first anniversary of the date of the award, 1/4 on the second anniversary of the date of the award, 1/4 on the third anniversary of the date of the award and 1/4 on the fourth anniversary of the date of the award. Upon vesting, one Common share will be delivered for each vested RSU.
F2	Total includes 66 shares purchased on 6/30/2022 and 54 shares purchased on 12/30/2022 pursuant to the Chubb Ltd. Employee Stock Purchase Plan which meets the requirements of rule 16b-3.
F3	Option award pursuant to the Plan. Options vest as follows: 1/3 on the first anniversary of date of the award, 1/3 on the second anniversary of the date of the award and 1/3 on the third anniversary of the date of the award.
F4	Total includes options from other tranches with different exercise prices, vesting and expiration dates.