DEGNAN JOHN J 4
4 · CHUBB CORP · Filed Feb 11, 2010
Insider Transaction Report
Form 4
DEGNAN JOHN J
Vice Chairman
Transactions
- Exercise/Conversion
Common
2010-02-09$48.35/sh+47,900$2,316,205→ 157,528.07 total - Tax Payment
Common
2010-02-09$48.35/sh−19,765$955,737→ 137,763.07 total
Holdings
- 6,561(indirect: By ESOP)
Common
Footnotes (1)
- [F1]On 3/1/07, the reporting person received a target award of 36,233 performance shares (the "Award"). Under the terms of the Award, the reporting person would be entitled to receive a number of shares of Chubb's common stock ("Common Stock) equal to the target award multiplied by a performance multiplier ranging from 0% to 200% depending on Chubb's relative stock performance compared to other companies in the S&P 500 Index that continued to file public reports during the period from 1/1/07 through 12/31/09. On 2/9/2010, the performance multiplier for the Award was determined to be 132.20 %, which resulted in an issuance to the reporting person of 47,900 shares of Common Stock.