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