ACE LTD 4
4 · ACE LTD · Filed Jun 1, 2004
Insider Transaction Report
Form 4
ACE LTDACE
STUART GARY M
Director
Transactions
- Award
Ordinary Shares
2004-05-27$41.50/sh+2,168.675$90,000→ 16,409.873 total
Footnotes (1)
- [F1]Stock units, representing the right to receive Ordinary Shares, granted as an annual director retainer fee issued under the ACE Limited 2004 Long-Term Incentive Plan (the "Plan"), which meets the requirements of Rule 16b-3. Such stock units will vest on the day prior to the date of the next annual ACE Limited shareholder meeting, assuming the reporting person is a director of ACE Limited on such date. Ordinary Shares will be issued for such stock units six months after the Director's termination from the Board or pursuant to such later deferral schedule as the director may elect.