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PROGRESSIVE CORP/OH/ — Director's Dealing 2013
Jan 4, 2013
29822_dirs_2013-01-04_687e12be-0e68-4914-8352-e7a79c98150f.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: 2013-01-02
Reporting Person: CODY WILLIAM M (Chief Investment)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-01-02 | Common | M | 8102.452 | — | Acquired | 168674.452 | Direct |
| 2013-01-02 | Common | F | 3014. | $21.53 | Disposed | 165660.452 | Direct |
| 2013-01-02 | Common | F | 6307. | $20.90 | Disposed | 159353.452 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-01-02 | Restricted Stock Unit | $ | M | 8102.452 | Disposed | Common (8102.452) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 19927.404 | Indirect |
Footnotes
F1: Represents Common Shares issued upon the vesting of restricted stock unit awards. This Form 4 reports the disposition of such restricted stock units in exchange for an equal number of Common Shares.
F2: Delivery of shares to pay taxes upon vesting of restricted stock units.
F3: Delivery of shares to pay taxes upon vesting of restricted shares.
F4: Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
F5: Expiration Date is the same as the Date Exercisable.
F6: The disposed of restricted stock units shown in Table II vested on January 1, 2013 and were delivered on January 2, 2013 (the following business day).