Chubb Limited (CB) Form 3 Chubb / Bryce L. Johns ownership change

SEC Form 3

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^*

Johns Bryce L.

(Last) (First) (Middle)

THE CHUBB BUILDING

17 WOODBOURNE AVENUE

(Street)

HAMILTON D0 HM 08

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/23/2023

3. Issuer Name and Ticker or Trading Symbol
Chubb Ltd [ CB ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Senior Vice President, *

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
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	9,235(1)(2)(3)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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 Common Shares	(4)	05/02/2032	Common Shares	4,387	205.17	D

Explanation of Responses:

1. Included in the total are 6,520 shares of restricted stock granted pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan"). These shares vest in equal installments on May 2, 2023, May 2, 2024, May 2, 2025 and May 2, 2026.

2. Included in the total are 1,645 shares of restricted stock granted on May 2, 2022 pursuant to the Plan. These shares vest on the third anniversary of the date of the award subject to the satisfaction of certain service and performance based criteria.

3. Included in the total are 1,070 shares of restricted stock granted on May 2, 2022 pursuant to the Plan, representing a premium performance award with respect to the performance restricted stock awards. These shares vest on the third anniversary of the date of the award subject to the satisfaction of certain service and performance based criteria. These shares will not be entitled to vote until vested. Dividends on these shares shall be accumulated and distributed only when, and to the extent, that the shares have vested.

4. Options awarded pursuant to the Plan. Options vest in equal installments on May 2, 2023, May 2, 2024 and May 2, 2025.

Remarks:

*Chubb Group. President, Chubb Life. Exhibit List Exhibit 24 - Power of Attorney

	/s/ Samantha Froud, Attorney-in-fact	02/24/2023
	** 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).
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