0001213900-24-018146.txt : 20240228 0001213900-24-018146.hdr.sgml : 20240228 20240228174859 ACCESSION NUMBER: 0001213900-24-018146 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240226 FILED AS OF DATE: 20240228 DATE AS OF CHANGE: 20240228 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BOROUGHS TIMOTHY ALAN CENTRAL INDEX KEY: 0001577594 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11778 FILM NUMBER: 24697524 MAIL ADDRESS: STREET 1: 1133 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Chubb Ltd CENTRAL INDEX KEY: 0000896159 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] ORGANIZATION NAME: 02 Finance IRS NUMBER: 000000000 STATE OF INCORPORATION: V8 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: BARENGASSE 32 CITY: ZURICH STATE: V8 ZIP: CH-8001 BUSINESS PHONE: 41 0 43 456 7600 MAIL ADDRESS: STREET 1: BARENGASSE 32 CITY: ZURICH STATE: V8 ZIP: CH-8001 FORMER COMPANY: FORMER CONFORMED NAME: CHUBB Ltd DATE OF NAME CHANGE: 20160115 FORMER COMPANY: FORMER CONFORMED NAME: ACE Ltd DATE OF NAME CHANGE: 20091216 FORMER COMPANY: FORMER CONFORMED NAME: ACE LTD DATE OF NAME CHANGE: 19930122 4 1 marketforms-64954.xml PRIMARY DOCUMENT X0508 4 2024-02-26 0000896159 Chubb Ltd CB 0001577594 BOROUGHS TIMOTHY ALAN THE CHUBB BUILDING 17 WOODBOURNE AVENUE HAMILTON D0 HM 08 BERMUDA false true false false Executive Vice President* 0 Common Shares 2024-02-26 4 M false 16115 114.78 A 66601 D Common Shares 2024-02-26 4 S false 16115 255.26 D 50486 D Common Shares 2024-02-26 4 M false 17035 118.39 A 67521 D Common Shares 2024-02-26 4 S false 17035 254.96 D 50486 D Common Shares 590 I By Wife Common Shares 2335 I Family Foundation Common Shares 40000 I By Trust Common Shares 38000 I By Wife's Trust Options to Acquire Common Shares 114.78 2024-02-26 4 M false 16115 0 D 2025-02-26 Common Shares 16115 108151 D Options to Acquire Common Shares 118.39 2024-02-26 4 M false 17035 0 D 2026-02-25 Common Shares 17035 91116 D Performance Stock Units 0 2024-02-26 5 A false E 9811 0 A Common Shares 9811 9811 D Performance Stock Units 0 2024-02-26 5 A false E 6377 0 A Common Shares 6377 16188 D The Common Shares reported herein as being sold were sold at a range of between $254.815 and $255.660 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such price range. The Common Shares reported herein as being sold were sold at a range of between $254.880 and $255.315 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such price range. Options vested as follows: 1/3 on February 26, 2016, 1/3 on February 26, 2017 and 1/3 on February 26, 2018. All options of this tranche have been exercised. Total includes options from other tranches with different exercise prices, vesting and expiration dates. Options vested as follows: 1/3 on February 25, 2017, 1/3 on February 25, 2018 and 1/3 on February 25, 2019. Award of performance stock units ("PSUs") pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan") that vests in whole or in part on the third anniversary of the award subject to the satisfaction of certain service and performance-based criteria. Each PSU represents a contingent right to receive one Common Share, and any PSUs that have not vested at the third anniversary of the award will be cancelled. Dividends shall be accumulated and distributed only when, and to the extent that the PSUs have vested. Award of PSUs pursuant to the Plan representing a premium performance award with respect to the PSUs described above that vests in whole or in part on the third anniversary of the award subject to the satisfaction of certain service and performance-based criteria. Each PSU represents a contingent right to receive one Common Share, and any PSUs that have not vested at the third anniversary of the award will be cancelled. Dividends shall be accumulated and distributed only when, and to the extent that the PSUs have vested. Total includes PSUs from other tranches with different exercise prices, vesting and expiration dates. *& Chief Investment Officer, Chubb Limited /s/ Samantha Froud, Attorney-in-fact 2024-02-28