New insider Mcnamee Paul claimed ownership of 20,446 shares (SEC Form 3)
$CB
Property-Casualty Insurers
Finance
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 08/08/2024 |
3. Issuer Name and Ticker or Trading Symbol
Chubb Ltd [ CB ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Shares | 20,446(1)(2)(3)(4)(5)(6)(7)(8)(9)(10) | D | |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Options to Acquire | (11) | 02/25/2031 | Common Shares | 4,911 | $164.94 | D | |
| Options to Acquire | (12) | 02/24/2032 | Common Shares | 4,824 | $199.03 | D | |
| Options to Acquire | (13) | 02/23/2033 | Common Shares | 5,010 | $208.6 | D | |
| Options to Acquire | (14) | 02/26/2034 | Common Shares | 4,513 | $254.84 | D | |
| Explanation of Responses: |
| 1. Included in the total are 460 shares of restricted stock granted pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan"). Stock vests on February 25, 2025. |
| 2. Included in the total are 904 shares of restricted stock granted pursuant to the Plan. Stock vests in equal installments on February 24, 2025 and February 24, 2026. |
| 3. Included in the total are 1,409 shares of restricted stock granted pursuant to the Plan. Stock vests in equal installments on February 23, 2025, February 23, 2026 and February 23, 2027. |
| 4. Included in the total are 1,693 shares of restricted stock granted pursuant to the Plan. Stock vests in equal installments on February 26, 2025, February 26, 2026, February 26, 2027 and February 26, 2028. |
| 5. Included in the total are 1,809 shares of restricted stock granted 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. Dividends shall be accumulated and distributed only when, and to the extent, that the shares vested. |
| 6. Included in the total are 1,879 shares of restricted stock granted 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. Dividends shall be accumulated and distributed only when, and to the extent, that the shares vested. |
| 7. Included in the total are 1,693 shares of restricted stock granted 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. Dividends shall be accumulated and distributed only when, and to the extent, that the shares vested. |
| 8. Included in the total are 1,176 shares of restricted stock granted pursuant to the Plan, representing a premium performance award with respect to the performance restricted stock awards. 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. |
| 9. Included in the total are 1,222 shares of restricted stock granted pursuant to the Plan, representing a premium performance award with respect to the performance restricted stock awards. 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. |
| 10. Included in the total are 1,100 shares of restricted stock granted pursuant to the Plan, representing a premium performance award with respect to the performance restricted stock awards. 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. |
| 11. Options awarded pursuant to the Plan. Options vested in equal installments on February 25, 2022, February 25, 2023 and February 25, 2024. |
| 12. Options awarded pursuant to the Plan. Options vested or will vest in equal installments on February 24, 2023, February 24, 2024 and February 24, 2025. |
| 13. Options awarded pursuant to the Plan. Options vested or will vest in equal installments on February 23, 2024, February 23, 2025 and February 23, 2026. |
| 14. Options awarded pursuant to the Plan. Options will vest in equal installments on February 26, 2025, February 26, 2026 and February 26, 2027. |
| Remarks: |
| * Chubb Group and President, Overseas General Insurance. Exhibit List: Exhibit 24: Power of Attorney |
| /s/ Samantha Froud, Attorney-in-fact | 08/15/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** 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 is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||