Soderberg Jess 4
4 · CHUBB CORP · Filed Feb 25, 2011
Insider Transaction Report
Form 4
Soderberg Jess
Director
Transactions
- Exercise/Conversion
Common Shares
2011-02-23$60.57/sh+2,130$129,014→ 5,285 total - Tax Payment
Common Shares
2011-02-23$60.57/sh−639$38,704→ 4,646 total
Footnotes (1)
- [F1]On 4/29/08, the reporting person received a target award of 1,407 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 1/1/08 - 12/31/10. On 2/23/11 the performance multiplier for the Award was determined to be 151.4%, which resulted in an issuance to the reporting person of 2,130 shares of Common Stock.