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PROGRESSIVE CORP/OH/ — Director's Dealing 2006
May 31, 2006
29822_dirs_2006-05-31_7d51213e-ab24-43a0-8346-e96f1a553b78.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: PROGRESSIVE CORP/OH/ (PGR)
CIK: 0000080661
Period of Report: 2006-05-22
Reporting Person: Silva Brian A (Commercial Group President)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 28020 | Direct |
| Common | 2383.412 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Option | $7.6666 | 2010-12-31 | Common (8844) | Direct | |
| Employee Option | $13.0116 | 2011-12-31 | Common (5040) | Direct | |
| Employee Option | $13.0116 | 2011-12-31 | Common (5040) | Direct |
Footnotes
F1: Includes 26,648 shares of Restricted Stock previously granted to the Reporting Person pursuant to The Progressive Corporation 2003 Incentive Plan.
F2: All Derivative Security balances and exercise prices reported herein have been adjusted to reflect a 4-for-1 stock split, which was effected in the form of a stock dividend paid on May 18, 2006 to shareholders of record on May 8, 2006. All such balances and exercise prices reported by the Reporting Person in the future will likewise be adjusted to reflect the stock split.