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PROGRESSIVE CORP/OH/ Director's Dealing 2006

Jul 24, 2006

29822_dirs_2006-07-24_ce0fdc96-34a2-4a3d-ac64-6b9b37ab03f7.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: 2006-07-20

Reporting Person: KING THOMAS A (Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-07-20 Common M 30000. $5.6979 Acquired 117728. Direct
2006-07-20 Common S 12500. $25.05 Disposed 105228. Direct
2006-07-20 Common S 2100. $25.06 Disposed 103128. Direct
2006-07-20 Common S 10000. $25.07 Disposed 93128. Direct
2006-07-20 Common S 5400. $25.08 Disposed 87728. Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-07-20 Employee Option $5.6979 M 30000. Disposed 2006-12-31 Common (30000.) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common 18580.82 Indirect
Common 15634.354 Indirect