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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.