PROGRESSIVE CORP/OH/ 4
4 · PROGRESSIVE CORP/OH/ · Filed Jan 3, 2014
Insider Transaction Report
Form 4
VOELKER RAYMOND M
Chief Information
Transactions
- Exercise/Conversion
Restricted Stock Unit
2014-01-01−14,466.378→ 54,846.109 total→ Common (14,466.378 underlying) - Exercise/Conversion
Common
2014-01-01+14,466.378→ 66,679.661 total - Tax Payment
Common
2014-01-01$26.99/sh−4,955$133,735→ 61,724.661 total - Tax Payment
Common
2014-01-01$27.23/sh−3,331$90,703→ 58,393.661 total
Holdings
- 12,174.951(indirect: 401-k Plan)
Common
Footnotes (6)
- [F1]Represents Common Shares issued upon the vesting of restricted stock unit awards. 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]Delivery of shares to pay taxes upon vesting of restricted shares.
- [F4]Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
- [F5]Units vested on January 1, 2014.
- [F6]Expiration Date is the same as the Date Exercisable.