CHUBB CORP 4
4 · CHUBB CORP · Filed Feb 11, 2014
Insider Transaction Report
Form 4
Spiro Richard G.
Executive Vice President
Transactions
- Exercise/Conversion
Common Shares
2014-02-10$84.51/sh+43,511$3,677,115→ 129,378 total - Tax Payment
Common Shares
2014-02-10$84.51/sh−20,820$1,759,498→ 108,558 total
Footnotes (1)
- [F1]On 2/23/11, the reporting person received a target award of 32,814 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 1/1/11 through 12/31/13. On 2/10/2014, the performance multiplier for the Award was determined to be 132.60%, which resulted in an issuance to the reporting person of 43,511 shares of Common Stock.