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PROGRESSIVE CORP/OH/ — Director's Dealing 2014
Feb 11, 2014
29822_dirs_2014-02-11_4dd701b1-5f07-46e8-9fb5-92452d2f8f23.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: 2014-02-07
Reporting Person: JARRETT CHARLES E (Vice Pres, Secretary & CLO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-23 | Common | G | 5558 | — | Disposed | 49360.969 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-07 | Restricted Stock Unit | $ | A | 3961.622 | Acquired | Common (3961.622) | Direct | |
| 2014-02-07 | Deferred Comp Unit | $0 | A | 22023.201 | Acquired | Common (22023.201) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 4790.223 | Indirect |
Footnotes
F1: Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
F2: These units, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time as the Restricted Stock Units to which they relate.
F3: Expiration Date is the same as the Date Exercisable.
F4: 1 for 1.
F5: These units, which were acquired upon the reinvestment of dividend equivalents, will be paid out in cash at the time elected by the reporting person or at such other time determined in accordance with the plan.