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PROGRESSIVE CORP/OH/ — Director's Dealing 2014
Jan 3, 2014
29822_dirs_2014-01-03_0c4641a8-0efe-40c3-9e93-39939e8774ad.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: 2014-01-01
Reporting Person: VOELKER RAYMOND M (Chief Information Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-01 | Common | M | 14466.378 | — | Acquired | 66679.661 | Direct |
| 2014-01-01 | Common | F | 4955 | $26.99 | Disposed | 61724.661 | Direct |
| 2014-01-01 | Common | F | 3331 | $27.23 | Disposed | 58393.661 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-01 | Restricted Stock Unit | $ | M | 14466.378 | Disposed | Common (14466.378) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 12174.951 | 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: Units vested on January 1, 2014.
F6: Expiration Date is the same as the Date Exercisable.