4//SEC Filing
Chubb Ltd 4
Accession 0001209191-16-092102
$CBCIK 0000896159operating
Filed
Jan 18, 7:00 PM ET
Accepted
Jan 19, 4:48 PM ET
Size
8.8 KB
Accession
0001209191-16-092102
Insider Transaction Report
Form 4
CASH JAMES I
Director
Transactions
- Award
Market Value Units
2016-01-14+3,083→ 3,083 totalExercise: $0.00→ Common Shares (3,083 underlying) - Award
Deferred Stock Units
2016-01-14+16,051→ 16,051 totalExercise: $0.00→ Common Shares (16,051 underlying)
Footnotes (5)
- [F1]Received in exchange for 2,635 Market Value Units in The Chubb Corporation Directors Deferred Compensation Plan in accordance with the Merger Agreement and pursuant to the requirements of Rule 16b-3.
- [F2]Market Value Units are fully vested and are payable in common shares and are paid out at separation from service, unless further deferred by the participant.
- [F3]Pursuant to the Merger Agreement, each such Chubb equity award was converted into a right to receive a number of ACE common shares equal to (a) 0.6019 ACE common shares plus (b) $62.93 in cash, divided by $110.798, which is the average closing price of ACE common shares for the five trading days prior to the closing date of the merger.
- [F4]Received in exchange for 13,720 Deferred Stock Units of Chubb in accordance with the Merger Agreement and pursuant to the requirements of Rule 16b-3.
- [F5]Deferred Stock Units are fully vested, but will not be payable, unless further deferred by the participant, until the 90th day after the earliest to occur of the reporting person's (i) death, (ii) disability, or (iii) separation from service.
Documents
Issuer
Chubb Ltd
CIK 0000896159
Entity typeoperating
IncorporatedSwitzerland
Related Parties
1- filerCIK 0000896159
Filing Metadata
- Form type
- 4
- Filed
- Jan 18, 7:00 PM ET
- Accepted
- Jan 19, 4:48 PM ET
- Size
- 8.8 KB