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PROGRESSIVE CORP/OH/ — Director's Dealing 2019
Mar 5, 2019
29822_dirs_2019-03-05_cb2316d2-1e5e-42c3-a409-c9123144d998.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: PROGRESSIVE CORP/OH/ (PGR)
CIK: 0000080661
Period of Report: 2019-03-01
Reporting Person: Marshall Mariann Wojtkun (Chief Accounting Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 9848.427 | Indirect |
| Common | 3714.591 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common (1770.897) | Direct |
Footnotes
F1: Represents time-based restricted stock units granted to the reporting person between 2015 and 2018. Subject to the terms of the applicable plan and award agreements, each award vests in three roughly equal installments on the third, fourth and fifth January 1st following the date of grant or earlier if the reporting person achieves qualified retirement eligibility as defined in the plan or applicable award agreement. The following number of units are scheduled to vest on January 1st of each of the following years: 2020 - 672.429; 2021 - 572.714; 2022 - 376.996; 2023 - 148.758.
F2: Expiration Date is the same as the Date Exercisable.
F3: Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.