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PROGRESSIVE CORP/OH/ — Director's Dealing 2017
May 2, 2017
29822_dirs_2017-05-02_66a8fc84-b762-466f-910d-97ac51917e67.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: 2017-05-01
Reporting Person: Barbagallo John A (Commercial Lines President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-01 | Common | M | 5905.5 | — | Acquired | 162721.091 | Direct |
| 2017-05-01 | Common | F | 1940 | $39.74 | Disposed | 160781.091 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-01 | Restricted Stock Unit | $ | M | 5905.5 | Disposed | Common (5905.5) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 21258.442 | 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 or award agreement. This Form 4 reports the disposition of such restricted stock units in exchange for an equal number of Common Shares.
F2: Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
F3: Vested as of May 1, 2017.
F4: Expiration Date is the same as the Date Exercisable.