FORRESTER W THOMAS 4
4 · PROGRESSIVE CORP/OH/ · Filed Jan 5, 2006
Insider Transaction Report
Form 4
FORRESTER W THOMAS
Vice Pres. & Chief
Transactions
- Disposition to Issuer
Common
2006-01-03−2,416→ 57,274 total - Award
Deferred Comp Unit
2006-01-03+2.094→ 8,015.103 totalExercise: $0.00→ Common (2.094 underlying) - Award
Deferred Comp Unit
2006-01-03+2,416→ 10,431.103 totalExercise: $0.00→ Common (2,416 underlying)
Holdings
- 9,541.388(indirect: By 401(k))
Common
- 27,000(indirect: By Trust)
Common
Footnotes (6)
- [F1]The reporting person elected to defer receipt of previously granted restricted common shares upon vesting thereof. This Form 4 reports the disposition of such restricted shares in exchange for an equal number of units under the applicable deferred compensation plan.
- [F2]These shares are held in various trusts for the benefit of the reporting person's children. The reporting person's spouse is the trustee of such trusts.
- [F3]1 for 1
- [F4]Immediately
- [F5]These units will be paid out in cash at the time elected by the reporting person, subject to the vesting provisions of the plan.
- [F6]Six (6) months and one (1) day from the date of the transactions reported herein.