Michael G. Atieh - May 20, 2021 Form 4 Insider Report for Chubb Ltd (CB)

Role
Director
Signature
/s/ Samantha Froud, Attorney-in-fact
Stock symbol
CB
Transactions as of
May 20, 2021
Transactions value $
-$71,615
Form type
4
Date filed
5/24/2021, 02:10 PM
Next filing
Jun 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CB Common Shares Award +1.08K +2.72% 40.9K May 20, 2021 Direct F1, F2
transaction CB Common Shares Tax liability -$71.6K -431 -1.05% $166.16 40.5K May 20, 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award granted as director fees under a Chubb Limited long-term incentive plan (the "Plan"), which meets the requirements of Rule 16b-3. Such restricted stock will vest on the day of the next annual Chubb Limited shareholders meeting, assuming the reporting person is a director of Chubb Limited on such date.
F2 Total includes 806.44 shares credited at various times between July 2020 and April 2021 to the reporting person's deferred stock account pursuant to the dividend investment provisions of the Plan, which meets the requirements of Rule 16b-3.
F3 Common Shares being withheld in order to pay tax liability.