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PROGRESSIVE CORP/OH/ Director's Dealing 2019

Oct 3, 2019

29822_dirs_2019-10-02_a9d73c6b-fc8b-4595-b72d-fc7dedb25ea5.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: 2019-10-01

Reporting Person: Griffith Susan Patricia (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-10-01 Common M 88177.764 Acquired 438472.619 Direct
2019-10-01 Common F 39551 $76.79 Disposed 398921.619 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-10-01 Restricted Stock Unit $ M 88177.764 Disposed Common (88177.764) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common 13800.518 Indirect
Common 17211.5931 Indirect
Common 101302.096 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: 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: Vested as of October 1, 2019.

F6: Expiration Date is the same as the Date Exercisable.