Johns Bryce L. 4
4 · Chubb Ltd · Filed Feb 28, 2024
Insider Transaction Report
Form 4
Johns Bryce L.
Senior Vice President,*
Transactions
- Award
Common Shares
2024-02-26+1,472→ 14,995 total - Award
Common Shares
2024-02-26+1,472→ 16,467 total - Award
Options to Acquire Common Shares
2024-02-26+3,925→ 12,627 totalExercise: $254.84Exp: 2034-02-26→ Common Shares (3,925 underlying) - Award
Common Shares
2024-02-26+957→ 17,424 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 Chubb Limited 2016 Long-Term Incentive Plan (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. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested.
- [F3]Restricted stock award pursuant to the Plan, representing a premium performance award with respect to the performance-based 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.