John J. Lupica - 23 Feb 2023 Form 4 Insider Report for Chubb Ltd (CB)

Role
Vice Chrm, Chubb Group*
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, 16:01:27 UTC
Previous filing
02 Dec 2022
Next filing
01 Mar 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 +23,970 +19% $0.000000 147,523 23 Feb 2023 Direct F1
transaction CB Common Shares Award $0 +23,970 +16% $0.000000 171,493 23 Feb 2023 Direct F2
holding CB Common Shares 78,700 23 Feb 2023 By Trust for Wife
holding CB Common Shares 10,000 23 Feb 2023 By Trust for Descendants
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan"). Stock vests on the third anniversary of the date of the award subject to the satisfaction of certain service and performance based criteria.
F2 Restricted stock award pursuant to the Plan, representing a premium performance award with respect to the performance restricted stock awards described above. Stock vests on the third anniversary of the date of the award, subject to the satisfaction of certain service and performance based criteria. Shares will not be entitled to vote until vested. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested.

Remarks:

*and President, North America Insurance