Frances D. O'Brien - May 17, 2023 Form 3 Insider Report for Chubb Ltd (CB)

Role: Chief Risk Officer
Signature: /s/ Samantha Froud, Attorney-in-fact
Stock symbol: CB
Transactions as of: May 17, 2023
Transactions value $: $0
Form type: 3
Date filed: 5/17/2023, 03:09 PM
Next filing: Feb 27, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CB	Common Shares						43K	May 17, 2023	Direct	F1, F2, F3, F4, F5, F6, F7, F8, F9, F10

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							May 17, 2023	Common Shares	4.43K	$139.01	Direct	F11
holding	CB	Options to Acquire							May 17, 2023	Common Shares	4.37K	$143.07	Direct	F12
holding	CB	Options to Acquire							May 17, 2023	Common Shares	4.67K	$133.90	Direct	F13
holding	CB	Options to Acquire							May 17, 2023	Common Shares	4.5K	$150.11	Direct	F14
holding	CB	Options to Acquire							May 17, 2023	Common Shares	4.09K	$164.94	Direct	F15
holding	CB	Options to Acquire							May 17, 2023	Common Shares	4.02K	$199.03	Direct	F16
holding	CB	Options to Acquire							May 17, 2023	Common Shares	3.84K	$208.60	Direct	F17

* 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 843 restricted stock units ("RSUs") granted pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan"). These RSUs vest on February 27, 2024. Upon vesting, one Common Share will be delivered for each vested RSU.
F2	Included in the total are 767 RSUs granted pursuant to the Plan. These RSUs vest in equal installments on February 25, 2024 and February 25, 2025. Upon vesting, one Common Share will be delivered for each vested RSU.
F3	Included in the total are 1,131 RSUs granted pursuant to the Plan. These RSUs vest in equal installments on February 24, 2024, February 24, 2025 and February 24, 2026. Upon vesting, one Common Share will be delivered for each vested RSU.
F4	Included in the total are 1,438 RSUs granted pursuant to the Plan. These RSUs vest in equal installments on February 23, 2024, February 23, 2025, February 23, 2026 and February 23, 2027. Upon vesting, one Common Share will be delivered for each vested RSU.
F5	Included in the total are 1,535 shares of restricted stock granted pursuant to the Plan. These shares vest on February 25, 2024 subject to the satisfaction of certain service and performance based criteria.
F6	Included in the total are 1,508 shares of restricted stock granted pursuant to the Plan. These shares vest on February 24, 2025 subject to the satisfaction of certain service and performance based criteria.
F7	Included in the total are 1,439 shares of restricted stock granted pursuant to the Plan. These shares vest on February 23, 2026 subject to the satisfaction of certain service and performance based criteria.
F8	Included in the total are 999 shares of restricted stock granted pursuant to the Plan, representing a premium performance award with respect to the performance restricted stock awards. These shares vest on February 25, 2024 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.
F9	Included in the total are 981 shares of restricted stock granted pursuant to the Plan, representing a premium performance award with respect to the performance restricted stock awards. These shares vest on February 24, 2025 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.
F10	Included in the total are 936 shares of restricted stock granted pursuant to the Plan, representing a premium performance award with respect to the performance restricted stock awards. These shares vest on February 23, 2026 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.
F11	Options awarded pursuant to the Plan. Options vested in equal installments on February 23, 2018, February 23, 2019 and February 23, 2020.
F12	Options awarded pursuant to the Plan. Options vested in equal installments on February 22, 2019, February 22, 2020 and February 22, 2021.
F13	Options awarded pursuant to the Plan. Options vested in equal installments on February 28, 2020, February 28, 2021 and February 28, 2022.
F14	Options awarded pursuant to the Plan. Options vested in equal installments on February 27, 2021, February 27, 2022 and February 27, 2023.
F15	Options awarded pursuant to the Plan. Options vested or will vest in equal installments on February 25, 2022, February 25, 2023 and February 25, 2024.
F16	Options awarded pursuant to the Plan. Options vested or will vest in equal installments on February 24, 2023, February 24, 2024 and February 24, 2025.
F17	Options awarded pursuant to the Plan. Options will vest in equal installments on February 23, 2024, February 23, 2025 and February 23, 2026.