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PROGRESSIVE CORP/OH/ — Director's Dealing 2022
Jan 7, 2022
29822_dirs_2022-01-07_99f5d41f-b5e7-4b1d-948b-43b2b8c2a0dc.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: 2022-01-05
Reporting Person: Snyder Barbara R (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-05 | Common | M | 6003.6723 | — | Acquired | 21202.1513 | Direct |
| 2022-01-05 | Common | D | 1123.6723 | $102.16 | Disposed | 20078.479 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-05 | Phantom Stock Unit (rest. Stock) | $0 | M | 6003.6723 | Disposed | Common (6003.6723) | Direct |
Footnotes
F1: Reflects a distribution under a director deferral plan pursuant to previously made elections. In accordance with the plan, the restricted shares originally deferred were distributed in the form of Common Shares and all related dividend equivalent units were distributed in the form of cash.
F2: 1 for 1
F3: Units deferred from restricted Common Shares upon vesting will be distributed in an equivalent number of Common Shares at the time elected by the reporting person or at such other time determined in accordance with the deferral plan. Units acquired upon the reinvestment of dividend equivalents will be paid out in cash at the time elected by the reporting person or at such other time determined in accordance with the deferral plan.
F4: Expiration Date is the same as Date Exercisable.