SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BUDINGER ZOE BAIRD

(Last) (First) (Middle)
THE CHUBB CORPORATION
15 MOUNTAIN VIEW ROAD

(Street)
WARREN NJ 07061-1615

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CHUBB CORP [ CB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/09/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 12/07/2015 G V 7,342 D $0.0000 0.0000 D
Common Shares 12/09/2015 M 4,000 A $38.1575 4,000 D
Common Shares 12/09/2015 M 4,000 A $32.45 8,000 D
Common Shares 12/09/2015 M 4,000 A $32 12,000 D
Common Shares 12/09/2015 M 4,000 A $30.0312 16,000 D
Common Shares 12/09/2015 M 4,000 A $26.5075 20,000 D
Common Shares 12/07/2015 G V 7,342 A $0.0000 17,094 I B&Z REV TR AND Z&B 2010 REV TR
Common Shares 12/10/2015 S 17,094 D $130.5252 (1) 0.0000 I B&Z REV TR AND Z&B 2010 REV TR
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
STOCK OPTION $32.45 12/09/2015 M 4,000 04/24/2001 04/21/2030 Common Shares 4,000 $32.45 0.0000 D
STOCK OPTION $32 12/09/2015 M 4,000 04/25/2000 04/21/2030 Common Shares 4,000 $32 0.0000 D
STOCK OPTION (2) $30.03 12/09/2015 M 4,000 04/27/1999 04/21/2030 Common Shares 4,000 $30.0312 0.0000 D
STOCK OPTION (2) $26.51 12/09/2015 M 4,000 04/29/2003 04/21/2030 Common Shares 4,000 $26.5075 0.0000 D
STOCK OPTION $38.16 12/09/2015 M 4,000 04/30/2002 04/21/2030 Common Shares 4,000 $38.1575 0.0000 D
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.45 to $130.63, inclusive. The reporting person undertakes to provide to The Chubb Corporation, any security holder of The Chubb Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
2. All Stock Options are granted in tandem with tax withholding rights.
Remarks:
Reflects adjustments made to reflect the transfer to ex-spouse on March 6, 2008 of 500 common shares previously and directly owned by reporting person, the transfer to ex-spouse on June 27, 2008 of 607 common shares previously and directly owned by reporting person, the transfer of 9,752 common shares previously and directly owned by reporting person into the B&Z 2010 REV TR and Z&B 2010 REV TRUST on July 7, 2011 and 122 common shares received from dividend reinvestment.
Nancy J. Engers, POA 12/10/2015
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.