4//SEC Filing
Ortega Juan Luis 4
Accession 0001213900-25-020828
CIK 0000896159other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 5:58 PM ET
Size
21.9 KB
Accession
0001213900-25-020828
Insider Transaction Report
Form 4
Ortega Juan Luis
Executive Vice President*
Transactions
- Award
Common Shares
2025-03-03+181→ 44,133.93 total - Award
Common Shares
2025-03-03+1,632→ 45,765.93 total - Award
Common Shares
2025-03-03+544→ 46,309.93 total - Award
Common Shares
2025-03-03+544→ 46,853.93 total - Award
Options to Acquire Common Shares
2025-03-03+9,666→ 9,666 totalExercise: $289.69Exp: 2035-03-03→ Common Shares (9,666 underlying) - Award
Performance Stock Units
2025-03-03+4,893→ 4,893 totalExercise: $0.00→ Common Shares (4,893 underlying) - Award
Performance Stock Units
2025-03-03+4,893→ 9,786 totalExercise: $0.00→ Common Shares (4,893 underlying)
Holdings
- 70,624
Options to Acquire Common Shares
→ Common Shares - 11,038
Performance Stock Units
Exercise: $0.00→ Common Shares
Footnotes (9)
- [F1]Restricted stock award pursuant to the 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.
- [F2]Restricted Stock Units ("RSUs") awarded pursuant to 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.
- [F3]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. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested.
- [F4]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.
- [F5]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.
- [F6]Total includes previously reported options from other tranches with different exercise prices, vesting and expiration dates.
- [F7]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.
- [F8]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.
- [F9]Total includes previously reported PSUs from other tranches with different vesting and expiration dates.
Documents
Issuer
Chubb Ltd
CIK 0000896159
Entity typeother
Related Parties
1- filerCIK 0001784735
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 5:58 PM ET
- Size
- 21.9 KB