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PROGRESSIVE CORP/OH/ — Director's Dealing 2015
Jan 5, 2015
29822_dirs_2015-01-05_59aeac6f-c2a8-42ec-b994-9e8cfe4ecf3d.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: 2015-01-01
Reporting Person: Griffith Susan Patricia (Claims Group President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-01 | Common | M | 24895.349 | — | Acquired | 214701.841 | Direct |
| 2015-01-01 | Common | F | 8135 | $27.01 | Disposed | 206566.841 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-01-01 | Restricted Stock Unit | $ | M | 24895.349 | Disposed | Common (24895.349) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 12123.418 | Indirect |
| Common | 15116.656 | Indirect |
| Common | 86103.39 | 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: Held in a trust for the benefit of reporting person's spouse.
F4: Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
F5: Units vested January 1, 2015.
F6: Expiration Date is the same as the Date Exercisable.