Rollforward of the company's stock options |
The following table presents a roll-forward of Chubb's stock options: | | | | | | | | | | | | | | | | (Intrinsic Value in millions of U.S. dollars) | Number of Options |
| | Weighted-Average Exercise Price |
| | Weighted-Average Fair Value |
| | Total Intrinsic Value |
| Options outstanding, December 31, 2015 | 9,853,496 |
| | $ | 78.40 |
| | | | | Assumed in Chubb Corp Acquisition | 339,896 |
| | $ | 77.83 |
| | $ | 36.07 |
| | | Granted | 1,929,616 |
| | $ | 118.39 |
| | $ | 21.52 |
| | | Exercised | (1,728,949 | ) | | $ | 66.65 |
| | | | $ | 99 |
| Forfeited | (213,339 | ) | | $ | 110.01 |
| | | | | Options outstanding, December 31, 2016 | 10,180,720 |
| | $ | 87.29 |
| | | | | Granted | 2,079,522 |
| | $ | 139.00 |
| | $ | 22.97 |
| | | Exercised | (1,632,629 | ) | | $ | 73.53 |
| | | | $ | 111 |
| Forfeited | (194,297 | ) | | $ | 119.44 |
| | | | | Options outstanding, December 31, 2017 | 10,433,316 |
| | $ | 99.20 |
| | | | | Granted | 1,842,690 |
| | $ | 143.07 |
| | $ | 29.71 |
| | | Exercised | (1,065,384 | ) | | $ | 73.57 |
| | | | $ | 71 |
| Forfeited | (202,900 | ) | | $ | 133.92 |
| | | | | Options outstanding, December 31, 2018 | 11,007,722 |
| | $ | 108.25 |
| | | | $ | 274 |
| Options exercisable, December 31, 2018 | 7,405,354 |
| | $ | 93.88 |
| | | | $ | 268 |
|
|
Rollforward of the company's restricted stock |
The following table presents a roll-forward of our restricted stock awards. Included in the roll-forward below are 20,784 restricted stock awards, 22,013 restricted stock awards, and 23,812 restricted stock awards that were granted to non-management directors during the years ended December 31, 2018, 2017, and 2016, respectively: | | | | | | | | | | | | | | | | Service-based Restricted Stock Awards and Restricted Stock Units | | | Performance-based Restricted Stock Awards and Restricted Stock Units | | | Number of Shares |
| | Weighted-Average Grant-Date Fair Value |
| | Number of Shares |
| | Weighted-Average Grant-Date Fair Value |
| Unvested restricted stock, December 31, 2015 | 3,489,169 |
| | $ | 97.01 |
| | 595,210 |
| | $ | 101.73 |
| Assumed in Chubb Corp Acquisition | 3,706,639 |
| | $ | 111.02 |
| | — |
| | $ | — |
| Granted | 1,622,065 |
| | $ | 118.70 |
| | 517,507 |
| | $ | 118.96 |
| Vested | (2,592,622 | ) | | $ | 100.87 |
| | (181,548 | ) | | $ | 102.43 |
| Forfeited | (420,125 | ) | | $ | 109.42 |
| | — |
| | $ | — |
| Unvested restricted stock, December 31, 2016 | 5,805,126 |
| | $ | 109.39 |
| | 931,169 |
| | $ | 111.17 |
| Granted | 1,707,094 |
| | $ | 139.18 |
| | 267,282 |
| | $ | 138.90 |
| Vested | (2,646,084 | ) | | $ | 107.73 |
| | (222,954 | ) | | $ | 113.30 |
| Forfeited | (156,694 | ) | | $ | 114.54 |
| | — |
| | $ | — |
| Unvested restricted stock, December 31, 2017 | 4,709,442 |
| | $ | 121.16 |
| | 975,497 |
| | $ | 118.28 |
| Granted | 1,326,979 |
| | $ | 142.76 |
| | 180,065 |
| | $ | 143.07 |
| Vested | (2,545,090 | ) | | $ | 114.83 |
| | (244,332 | ) | | $ | 103.03 |
| Forfeited | (196,482 | ) | | $ | 131.06 |
| | — |
| | $ | — |
| Unvested restricted stock, December 31, 2018 | 3,294,849 |
| | $ | 134.17 |
| | 911,230 |
| | $ | 127.27 |
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