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PROGRESSIVE CORP/OH/ — Director's Dealing 2006
Oct 27, 2006
29822_dirs_2006-10-27_47124e07-0fda-4340-8cc9-c8395a6211ff.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PROGRESSIVE CORP/OH/ (PGR)
CIK: 0000080661
Period of Report: 2006-10-25
Reporting Person: Sauerland John P (Direct Group)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2006-10-25 | Common | M | 15600. | $10.3333 | Acquired | 50676. | Direct |
| 2006-10-25 | Common | S | 3600. | $24.02 | Disposed | 47076. | Direct |
| 2006-10-25 | Common | S | 4000. | $24.06 | Disposed | 43076. | Direct |
| 2006-10-25 | Common | S | 4000. | $24.07 | Disposed | 39076. | Direct |
| 2006-10-25 | Common | S | 4000. | $24.08 | Disposed | 35076. | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2006-10-25 | Employee Option | $10.3333 | M | 15600. | Disposed | 2007-12-31 | Common (15600.) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 7547.856 | Indirect |
| Common | 1200. | Indirect |
| Common | 5600. | Indirect |
| Common | 5600. | Indirect |
Footnotes
F1: The Reporting Person is a general partner of the
partnership that owns the reported securities. The
Reporting Person disclaims beneficial ownership of the
reported securities except to the extent of his pecuniary
interest therein, and the inclusion of these shares in this
report shall not be deemed an admission of beneficial
ownership of all of the reported shares for purposes of
Section 16 or for any other purpose.
F2: The Reporting Person is trustee of a family trust, certain
beneficiaries of which are immediate family members of the
Reporting Person. The Reporting Person disclaims
beneficial ownership of the reported securities except to
the extent of his pecuniary interest therein (including the
pecuniary interest of such immediate family members), and
the inclusion of these shares in this report shall not be
deemed an admission of beneficial ownership of all of the
reported shares for purposes of Section 16 or for any other
purpose.