-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MHYUzz0S+s10VWGMaCYsF1t3EjStLiAcgZl06ADVAsYgLHQGPWT78FDmM67tjr9/ TLhz9AFAAa+8bMpLX1B62w== 0000902561-00-000079.txt : 20000215 0000902561-00-000079.hdr.sgml : 20000215 ACCESSION NUMBER: 0000902561-00-000079 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991231 FILED AS OF DATE: 20000214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ACE LTD CENTRAL INDEX KEY: 0000896159 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 5 SEC ACT: SEC FILE NUMBER: 001-11778 FILM NUMBER: 539452 BUSINESS ADDRESS: STREET 1: ACE BLDG STREET 2: 30 WOODBOURNE AVE CITY: HAMILTON HM 08 BERMU STATE: D0 BUSINESS PHONE: 8092955200 MAIL ADDRESS: STREET 1: P O BOX HM 1015 CITY: HAMITON BERMUDA STATE: D0 COMPANY DATA: COMPANY CONFORMED NAME: HERNANDEZ ROBERT M CENTRAL INDEX KEY: 0001072509 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 5 BUSINESS ADDRESS: STREET 1: USX CORP STREET 2: 600 GRANT ST ROOM 6105 CITY: PITTSBURGH STATE: PA ZIP: 15219-4776 BUSINESS PHONE: 4124331137 MAIL ADDRESS: STREET 1: USX CORP STREET 2: 600 GRANT ST ROOM 6105 CITY: NEW YORK STATE: NY ZIP: 10260 5 1 ------------------------------ OMB APPROVAL ------------------------------ OMB Number Expires: Estimated average burden hours per response ....... 1.0 ------------------------------ U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 [ ] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). [ ] Form 3 Holdings Reported [ ] Form 4 Transactions Reported _______________________________________________________________________________ 1. Name and Address of Reporting Person* HERNANDEZ Robert M. - ------------------------------------------------------------------------------- (Last) (First) (Middle) USX Corporation 600 Grant Street - ------------------------------------------------------------------------------- (Street) Pittsburgh PA 15219-4776 - ------------------------------------------------------------------------------- (City) (State) (Zip) _______________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol ACE Limited (NYSE: ACL) _______________________________________________________________________________ 3. IRS or Social Security Number of Reporting Person (Voluntary) _______________________________________________________________________________ 4. Statement for Month/Year December 1999 _______________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) _______________________________________________________________________________ 6. Relationship of Reporting Person to Issuer (Check all applicable) [x] Director [ ] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) ------------------------------------------------ _______________________________________________________________________________ 7. 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 ===============================================================================
5. 6. 4. Amount of Owner- Securities Acquired (A) or Securities ship Disposed of (D) Beneficially Form: 7. (Instr. 3, 4 and 5) Owned at End Direct Nature of 2. 3. ----------------------------- of Issuer's (D) or Indirect 1. Transaction Transaction (A) Fiscal Year Indirect Beneficial Title of Security Date Code Amount or Price (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) (Instr. 8) (D) and 4) (Instr. 4) Instr. 4) - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Ordinary Shares 4/16/99 A(1) .510 A (1) - ----------------------------------------------------------------------------------------------------------------------------------- Ordinary Shares 7/16/99 A(1) .679 A (1) - ----------------------------------------------------------------------------------------------------------------------------------- Ordinary Shares 9/17/99 A(2) 151 A (2) - ----------------------------------------------------------------------------------------------------------------------------------- Ordinary Shares 10/15/99 A(1) 11.825 A (1) - ----------------------------------------------------------------------------------------------------------------------------------- Ordinary Shares 11/3/99 A(3) 5,571 A (3) 9,050.333(4) D - ----------------------------------------------------------------------------------------------------------------------------------- Ordinary Shares 10/13/99 A(2) 183 A (2) - ----------------------------------------------------------------------------------------------------------------------------------- Ordinary Shares 11/18/99 A(2) 102 A (2) - ----------------------------------------------------------------------------------------------------------------------------------- Ordinary Shares 11/19/99 A(2) 160 A (2) 34,721(4) I By trust ===================================================================================================================================
* If the form is filed by more than one Reporting Person, see Instruction 4(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) (Form 5-07/98) FORM 5 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ===============================================================================
9. 10. Number Owner- of ship 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- Securities Date Securities Price Bene- ity: In- cise 3. Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- 4. or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Trans- of (D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date action (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ Code 4 and 5) Date Expira- Number ity Year (I) ship Security Secur- Day/ (Instr. ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) 8) (A) (D) cisable Date Title Shares 5) 4) 4) 4) - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- =================================================================================================================================== Explanation of Responses: (1) Represents share units credited to the reporting person's deferred stock account pursuant to the dividend reinvestment provisions of the ACE Limited 1995 Outside Directors Plan (the "Plan"), which plan meets the requirements of Rule 16b-3. Reporting person has elected to defer the receipt of such share units in accordance with the terms of the Plan. (2) Represents Ordinary Shares granted as a meeting award pursuant to the Plan. (3) Represents share units that have been credited to the reporting person's deferred stock account as the result of a transfer from the reporting person's deferred cash account pursuant to the transfer provisions of the Plan. (4) These totals have been adjusted to reflect the fact that the reporting person transferred 151 Ordinary Shares from direct to indirect ownership on December 2, 1999, and the fact that 15,000 Ordinary Shares previously reported as having been purchased on September 22, 1999 were actually purchased by the reporting person indirectly through a trust.
Signed for Robert M. Hernandez pursuant to a power of attorney on file with the Securities and Exchange Commission /s/ Peter Mear 11th Feb. 2000 - --------------------------------------------- ----------------------- **Signature of Reporting Person Date ** 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 provided is insufficient, see Instruction 6 for procedure. Page 2 -----END PRIVACY-ENHANCED MESSAGE-----