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PROGRESSIVE CORP/OH/ — Director's Dealing 2009
Aug 17, 2009
29822_dirs_2009-08-17_c55a10c6-45e4-4911-be55-39d72b08e5b1.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: 2009-08-13
Reporting Person: Sauerland John P (Personal Lines Group)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-08-13 | Common | M | 45595. | $4.3801 | Acquired | 241942. | Direct |
| 2009-08-13 | Common | M | 10509. | $5.054 | Acquired | 252451. | Direct |
| 2009-08-13 | Common | S | 300. | $16.35 | Disposed | 252151. | Direct |
| 2009-08-13 | Common | S | 2700. | $16.355 | Disposed | 249451. | Direct |
| 2009-08-13 | Common | S | 1100. | $16.358 | Disposed | 248351. | Direct |
| 2009-08-13 | Common | S | 200. | $16.359 | Disposed | 248151. | Direct |
| 2009-08-13 | Common | S | 4200. | $16.36 | Disposed | 243951. | Direct |
| 2009-08-13 | Common | S | 4400. | $16.365 | Disposed | 239551. | Direct |
| 2009-08-13 | Common | S | 800. | $16.368 | Disposed | 238751. | Direct |
| 2009-08-13 | Common | S | 9100. | $16.37 | Disposed | 229651. | Direct |
| 2009-08-13 | Common | S | 4600. | $16.375 | Disposed | 225051. | Direct |
| 2009-08-13 | Common | S | 200. | $16.379 | Disposed | 224851. | Direct |
| 2009-08-13 | Common | S | 600. | $16.38 | Disposed | 224251. | Direct |
| 2009-08-13 | Common | S | 1700. | $16.39 | Disposed | 222551. | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-08-13 | 2000 Employee Option | $4.3801 | M | 45595. | Disposed | 2009-12-31 | Common (45595.) | Direct |
| 2009-08-13 | 2000 Employee Option / Granted May 1, 2000 | $5.054 | M | 10509. | Disposed | 2009-12-31 | Common (10509.) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 8401.277 | Indirect |
| Common | 5600. | Indirect |
| Common | 1200. | 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.
F3: The option vests in three equal annual installments beginning January 1, 2003.