CHUBB CORP 4
4 · CHUBB CORP · Filed Dec 21, 2015
Insider Transaction Report
Form 4
FINNEGAN JOHN D
DirectorChairman, President and C.E.O.
Transactions
- Exercise/Conversion
Common Shares
2015-12-17$131.66/sh+110,492$14,546,824→ 318,123 total - Tax Payment
Common Shares
2015-12-17$131.66/sh−54,086$7,120,692→ 264,037 total - Award
RESTRICTED STOCK UNITS
2015-12-17$131.01/sh+19,082$2,499,933→ 240,517 totalExercise: $0.00→ Common Shares (19,082 underlying)
Holdings
- 216.975(indirect: By ESOP)
Common Shares
- 9,311(indirect: By Trust)
Common Shares
- 80,000(indirect: By LLC)
Common Shares
- 9,311(indirect: By Trust)
Common Shares
- 55,735(indirect: By GRAT 2014)
Common Shares
Footnotes (3)
- [F1]On 2/27/13, the reporting person received a target award of 76,891 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 1/1/13 through 12/31/15. On 12/17/2015, the performance multiplier for the Award was determined to be 143.70%, which resulted in an issuance to the reporting person of 110,492 shares of Common Stock.
- [F2]Restricted Stock Units generally cliff vest on the third anniversary of the grant date.
- [F3]N/A