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PROGRESSIVE CORP/OH/ — Director's Dealing 2017
Aug 15, 2017
29822_dirs_2017-08-15_5497fdd0-5ce3-4eba-b945-966df4adf2b8.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: 2017-08-13
Reporting Person: Bleser Philip (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-13 | Common | A | 4129 | — | Acquired | 4129 | Direct |
Footnotes
F1: Restricted stock grant, made pursuant to The Progressive Corporation 2017 Directors Equity Incentive Plan, and which will vest on April 12, 2018. The Progressive Corporation allowed the reporting person to indicate his preference to receive compensation for the prorated 2017-2018 term in the form of 100% restricted stock or 60% restricted stock and 40% cash. The reporting person indicated a preference to receive compensation in the form of 100% restricted stock. After considering such preference, the Compensation Committee granted a restricted stock award representing 100% of the reporting person's compensation for the prorated 2017-2018 term.