Form 4 for CB Chubb Limited
Accepted 2024-06-24 00:00:00 ET · period of report 2024-06-20 · accession 0001213900-24-055015 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-06-24 | 2024-06-20 | CB | Enns Peter C. | EVP, * | S - Sale | $266.06 | -8,200 | 45.9K | -15% | -$2.18M |
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 | 2024-06-20 | S | D | 3,000 | $263.92 | 51,053 | D | — | — | (F1) The Common Shares reported herein as being sold were sold at a range of between $263.80 and $264.145 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. (F2) The totals reported in Tables I and II have been decreased and increased, respectively, to reflect the replacement of (i) 3,065 performance-based restricted stock awards pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan") with 3,065 performance stock units ("PSUs") pursuant to the Plan and (ii) 3,065 performance-based restricted stock awards pursuant to the Plan, representing a premium award, with 3,065 PSUs pursuant to the Plan, representing a premium award. As with the previously-reported performance-based restricted stock awards, the PSUs vest 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. |
| 2 | Common | Common Shares | 2024-06-20 | S | D | 5,200 | $267.29 | 45,853 | D | — | — | (F3) The sale price reported above has been rounded to the nearest cent. |