4//SEC Filing
O'Brien Frances D. 4
Accession 0001213900-24-018155
CIK 0000896159other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 6:02 PM ET
Size
13.7 KB
Accession
0001213900-24-018155
Insider Transaction Report
Form 4
O'Brien Frances D.
Chief Risk Officer
Transactions
- Award
Common Shares
2024-02-26+653→ 43,422 total - Award
Performance Stock Units
2024-02-26+1,958→ 1,958 totalExercise: $0.00→ Common Shares (1,958 underlying) - Award
Performance Stock Units
2024-02-26+1,273→ 3,231 totalExercise: $0.00→ Common Shares (1,273 underlying) - Award
Options to Acquire Common Shares
2024-02-26+3,481→ 33,387 totalExercise: $254.84Exp: 2034-02-26→ Common Shares (3,481 underlying)
Footnotes (6)
- [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]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.
- [F3]Total includes options from other tranches with different exercise prices, vesting and expiration dates.
- [F4]Award of performance stock units ("PSUs") pursuant to the Plan that vests in whole or in part on the third anniversary of the award subject to the satisfaction of certain service and performance-based criteria. Each PSU represents a contingent right to receive one Common Share, and any PSUs that have not vested at the third anniversary of the award will be cancelled. Dividends shall be accumulated and distributed only when, and to the extent that the PSUs have vested.
- [F5]Award of PSUs pursuant to the Plan representing a premium performance award with respect to the PSUs described above that vests in whole or in part on the third anniversary of the award subject to the satisfaction of certain service and performance-based criteria. Each PSU represents a contingent right to receive one Common Share, and any PSUs that have not vested at the third anniversary of the award will be cancelled. Dividends shall be accumulated and distributed only when, and to the extent that the PSUs have vested.
- [F6]Total includes PSUs from other tranches with different exercise prices, vesting and expiration dates.
Documents
Issuer
Chubb Ltd
CIK 0000896159
Entity typeother
Related Parties
1- filerCIK 0001977408
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 6:02 PM ET
- Size
- 13.7 KB