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PROGRESSIVE CORP/OH/ — Director's Dealing 2019
Mar 19, 2019
29822_dirs_2019-03-19_755c45ea-3346-4e85-bd26-683dc7957fb6.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: 2019-03-16
Reporting Person: CODY WILLIAM M (Chief Investment Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-16 | Restricted Stock Unit | $ | A | 7000 | Acquired | Common (7000) | Direct |
Footnotes
F1: Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
F2: Fifty percent of these restricted stock units will vest on May 1, 2019 as a result of qualified retirement eligibility provisions contained in the plan and the award agreement; the remaining fifty percent of these units will vest in three equal annual installments beginning January 1, 2022, subject to earlier vesting or forfeiture in accordance with the provisions of the plan and the award agreement.
F3: Expiration Date is the same as the Date Exercisable.