FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
ACE Ltd [ ACE ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 11/01/2012 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) 11/05/2012 |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Shares | 11/01/2012 | S | 4,000 | D | $78.9(1) | 39,338.43(2)(3)(4)(5)(6) | D | |||
Common Shares | 11/01/2012 | G | V | 2,000 | D | $0 | 37,338.43 | D | ||
Common Shares | 11/01/2012 | G | V | 2,000 | D | $0 | 341(2)(7) | I | By Wife |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. The common shares reported herein as being sold were sold at a range of between $78.89 and $78.91 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. |
2. This amendment is being filed solely to reflect corrections with respect to the number and allocation of shares acquired pursuant to dividend reinvestments included in the totals. |
3. As reported in footnote 2 to the Form 4 filed on behalf of the reporting person on November 5, 2012, the total includes 379.42 shares credited at various times between August 2012 and November 2012 to the reporting person's deferred stock account pursuant to the dividend reinvestment provisions of the ACE Limited 2004 Long-Term Incentive Plan (the "Plan") which meets the requirements of Rule 16b-3. |
4. Footnote 3 to the Form 4 filed on behalf of the reporting person on May 18, 2012 reported that the total included 1058.41 shares credited at various times between July 2011 and April 2012 to the reporting person's deferred stock account pursuant to the dividend reinvestment provisions of the Plan. Of this amount, 685.41 common shares had been issued to the reporting person's deferred stock account pursuant to the dividend reinvestment provisions of the Plan, 193.38 common shares had been issued to the reported person pursuant to the ACE Dividend Reinvestment Plan and 179.62 had been issued to the reporting person's wife pursuant to the ACE Dividend Reinvestment Plan. |
5. In addition, due to an administrative error, the total reported in footnote 3 to the Form 4 filed on behalf of the reporting person on May 18, 2012 did not include 50 common shares that had been issued to the reporting person pursuant to the ACE Dividend Reinvestment Plan between July 2010 and April 2012. The totals of direct and indirect ownership on this Form 4 amendment have been adjusted to reflect the correct allocation between direct and indirect ownership and to reflect the correct amount of the dividend reinvestment. |
6. Footnote 2 to the Form 4 filed on behalf of the Reporting Person on May 21, 2007 reported that the total included 1070.85 share units credited at various times between October 2002 and April 2007 to the reporting person's deferred stock account pursuant to the dividend reinvestment provisions of the Plan. Of this amount, 444.47 common shares had been issued to the reporting person's deferred stock account pursuant to the dividend reinvestment provisions of the Plan and 626.38 had been issued to the reporting person's wife pursuant to the ACE Dividend Reimbursement Plan. The totals of direct and indirect ownership on this Form 4 amendment have been adjusted to reflect the correct allocation between direct and indirect ownership. |
7. Total reflects, prior to the gift reported in this row, the dividend reinvestments described in footnotes 4, 5 and 6 above. |
/s/Samantha Froud, Attorney-in-fact | 03/08/2013 | |
** 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 4 (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. |