Schnitzer Alan D's Form 4 filing
Travelers Companies, Inc. (TRV) · filed Feb 9, 2023
- Accession no.
- 0001127602-23-004258
- Filed
- Feb 9, 2023
- Trade date
- Nov 1, 2022-Feb 8, 2023
- Filing delay
- 100 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 6 non-derivative transactions and 2 derivative transactions. Open-market sales total $28.4M. It was filed 100 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Schnitzer Alan DCIK 0001397350 | Director, Officer (Chairman and CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 1, 2022 | Common Stock | GGiftDisposed | −2,710 | $0.00 | $0 | 196,914.23 | Direct | |
| Feb 8, 2023 | Common Stock | MOption exerciseAcquired | +150,829 | $106.03 | +$15,992,398.87 | 347,743.23 | Direct | |
| Feb 8, 2023 | Common Stock | SSaleDisposed | −63,081 | $187.77F1 | −$11,844,719.37 | 284,662.23 | Direct | |
| Feb 8, 2023 | Common Stock | SSaleDisposed | −68,203 | $188.93F2 | −$12,885,592.79 | 216,459.23 | Direct | |
| Feb 8, 2023 | Common Stock | SSaleDisposed | −19,545 | $189.58F3 | −$3,705,341.1 | 196,914.23 | Direct | |
| Dec 19, 2022 | Common Stock | GGiftAcquired | +2,512 | $0.00 | $0 | 18,521 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 7, 2023 | Common Stock | AGrant or awardAcquired | +119,292 | $0.00 | $0 | 119,292 | Direct | |
| Feb 8, 2023 | Common Stock | MOption exerciseDisposed | −150,829 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents the weighted average sales price for price increments ranging from $187.40 to $188.38. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
Referenced by the price of 1 transaction in Table I.
- F2
Represents the weighted average sales price for price increments ranging from $188.40 to $189.395. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
Referenced by the price of 1 transaction in Table I.
- F3
Represents the weighted average sales price for price increments ranging from $189.40 to $189.84. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
Referenced by the price of 1 transaction in Table I.