AI assistant
PROGRESSIVE CORP/OH/ — Director's Dealing 2018
May 3, 2018
29822_dirs_2018-05-03_24355830-c097-47b0-983f-39c018d98e9d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PROGRESSIVE CORP/OH/ (PGR)
CIK: 0000080661
Period of Report: 2018-05-01
Reporting Person: Sieger Michael D (Claims President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-05-01 | Common | M | 3451 | — | Acquired | 65970.733 | Direct |
| 2018-05-01 | Common | F | 1514 | $60.23 | Disposed | 64456.733 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-05-01 | Restricted Stock Unit | $ | M | 3451 | Disposed | Common (3451) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 1.743 | 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, 2018.
F4: Expiration Date is the same as the Date Exercisable.