4//SEC Filing
Wayland Joseph F 4
Accession 0001213900-25-020829
CIK 0000896159other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 5:58 PM ET
Size
16.3 KB
Accession
0001213900-25-020829
Insider Transaction Report
Form 4
Wayland Joseph F
General Counsel
Transactions
- Award
Common Shares
2025-03-03+2,036→ 85,667.354 total - Award
Common Shares
2025-03-03+2,036→ 87,703.354 total - Sale
Common Shares
2025-03-04$286.96/sh−10,000$2,869,600→ 77,703.354 total - Award
Performance Stock Units
2025-03-03+8,148→ 8,148 totalExercise: $0.00→ Common Shares (8,148 underlying) - Award
Performance Stock Units
2025-03-03+8,148→ 16,296 totalExercise: $0.00→ Common Shares (8,148 underlying)
Holdings
- 17,268
Performance Stock Units
Exercise: $0.00→ Common Shares
Footnotes (6)
- [F1]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.
- [F2]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.
- [F3]The Common Shares reported herein as being sold were sold at a range of between $286.918 and $287.040 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- [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 previously reported PSUs from other tranches with different vesting and expiration dates.
Documents
Issuer
Chubb Ltd
CIK 0000896159
Entity typeother
Related Parties
1- filerCIK 0001582738
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 5:58 PM ET
- Size
- 16.3 KB