KRUMP PAUL J 4
4 · Chubb Ltd · Filed Feb 28, 2022
Insider Transaction Report
Form 4
KRUMP PAUL J
Executive Vice President*
Transactions
- Award
Common Shares
2022-02-24+2,921→ 79,931 total - Award
Options to Acquire Common Shares
2022-02-24+15,575→ 51,425 totalExercise: $199.03Exp: 2032-02-24→ Common Shares (15,575 underlying) - Award
Common Shares
2022-02-24+8,762→ 88,693 total - Award
Common Shares
2022-02-24+5,695→ 94,388 total
Footnotes (5)
- [F1]Restricted Stock Units ("RSU") awarded pursuant to Chubb Limited 2016 Long-Term Incentive Plan (the "Plan"). The RSUs vest 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.