COHEN JOEL J 4
4 · CHUBB CORP · Filed Feb 26, 2010
Insider Transaction Report
Form 4
COHEN JOEL J
DirectorOther
Transactions
- Exercise/Conversion
STOCK UNITS DEFERRED
2010-02-24$50.99/sh+1,638$83,522→ 4,119 totalExercise: $0.00→ Common (1,638 underlying)
Footnotes (2)
- [F1]N/A
- [F2]On 4/24/07, the reporting person received a target award of 1,239 performance shares (the "Award"). Under the Award the reporting person would be entitled to receive a number of shares of Chubb 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 during the period from 1/1/07 - 12/31/09. On 2/24/10 the performance multiplier for the Award was determined to be 132.2%. As a result of the reporting person's previous election to defer receipt of shares issuable under the Award, 1,638 stock units are accrued to the reporting person's account.