Form 4 for CB Chubb Limited
Accepted 2023-02-27 00:00:00 ET · period of report 2023-02-23 · accession 0001209191-23-013276 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-02-27 | 2023-02-23 | CB | BOROUGHS TIMOTHY ALAN | EVP* | A - Grant | $0.00 | +12.3K | 47.2K | +35% | $0 |
| D | 2023-02-27 | 2023-02-23 | CB | BOROUGHS TIMOTHY ALAN | EVP* | A - Grant | $0.00 | +11.0K | 124.3K | +10% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2023-02-23 | A | A | 4,032 | $0.00 | 57,420 | D | — | — | (F3) Restricted stock award pursuant to the Plan, representing a premium performance award with respect to the performance restricted stock awards described above. Stock vests on the third anniversary of the date of the award, subject to the satisfaction of certain service and performance based criteria. Shares will not be entitled to vote until vested. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested. |
| 2 | Common | Common Shares | 2023-02-23 | A | A | 6,203 | $0.00 | 53,388 | D | — | — | (F2) Restricted stock award pursuant to the Plan. Stock vests on the third anniversary of the date of the award subject to the satisfaction of certain service and performance based criteria. |
| 3 | Common | Common Shares | 2023-02-23 | A | A | 2,068 | $0.00 | 47,185 | D | — | — | (F1) Restricted Stock Units ("RSU") awarded pursuant to Chubb Limited 2016 Long-Term Incentive Plan (the "Plan"). The RSUs vest as follows: 1/4 on the first anniversary of the date of the award, 1/4 on the second anniversary of the date of the award, 1/4 on the third anniversary of the date of the award and 1/4 on the fourth anniversary of the date of the award. Upon vesting, one Common share will be delivered for each vested RSU. |
| 4 | Derivative | Options to Acquire Common Shares | 2023-02-23 | A | A | 11,026 | $0.00 | 124,266 | D | $208.60 · — to 2033-02-23 | 11,026 Common Shares | (F4) Option award pursuant to the Plan. Options vest as follows: 1/3 on the first anniversary of date of the award, 1/3 on the second anniversary of the date of the award and 1/3 on the third anniversary of the date of the award. (F5) Total includes options from other tranches with different exercise prices, vesting and expiration dates. |