4//SEC Filing
BANCROFT PHILIP V 4
Accession 0001209191-21-015311
CIK 0000896159other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 5:18 PM ET
Size
11.7 KB
Accession
0001209191-21-015311
Insider Transaction Report
Form 4
BANCROFT PHILIP V
Chief Financial Officer
Transactions
- Award
Common Shares
2021-02-25+4,818→ 261,740 total - Award
Common Shares
2021-02-25+7,413→ 256,922 total - Award
Options to Acquire Common Shares
2021-02-25+13,176→ 139,379 totalExercise: $164.94Exp: 2031-02-25→ Common Shares (13,176 underlying) - Award
Common Shares
2021-02-25+2,471→ 249,509 total
Footnotes (5)
- [F1]Restricted Stock Units ("RSU") awarded pursuant to Chubb Limited 2016 Long-Term Incentive Plan (the "Plan"). Stock vests 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]Restricted stock award pursuant to 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.
- [F3]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.
- [F4]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.
- [F5]Total includes options from other tranches with different exercise prices, vesting and expiration dates.
Documents
Issuer
Chubb Ltd
CIK 0000896159
Entity typeother
Related Parties
1- filerCIK 0001164390
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 5:18 PM ET
- Size
- 11.7 KB