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PROGRESSIVE CORP/OH/ — Director's Dealing 2015
Feb 3, 2015
29822_dirs_2015-02-03_3ea635e2-7ddf-4ca0-b4fb-5f82abf730e5.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: 2015-02-01
Reporting Person: KING THOMAS A (Vice President & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-01 | Common | M | 7032.002 | — | Acquired | 13033.302 | Direct |
| 2015-02-01 | Common | F | 2311 | $25.55 | Disposed | 10722.302 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-01 | Restricted Stock Unit | $ | M | 7032.002 | Disposed | Common (7032.002) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 20887.106 | Indirect |
Footnotes
F1: Represents Common Shares issued upon the vesting of restricted stock unit awards as a result of the reporting person having satisfied the eligibility requirements for a qualified retirement as defined in the applicable plan. 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: Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
F4: Vested as of February 1, 2015.
F5: Expiration Date is the same as the Date Exercisable.