PROGRESSIVE CORP/OH/ 4
4 · PROGRESSIVE CORP/OH/ · Filed Feb 3, 2015
Insider Transaction Report
Form 4
KING THOMAS A
Vice President
Transactions
- Exercise/Conversion
Common
2015-02-01+7,032.002→ 13,033.302 total - Tax Payment
Common
2015-02-01$25.55/sh−2,311$59,046→ 10,722.302 total - Exercise/Conversion
Restricted Stock Unit
2015-02-01−7,032.002→ 15,125.346 total→ Common (7,032.002 underlying)
Holdings
- 20,887.106(indirect: 401-k Plan)
Common
Footnotes (5)
- [F1]Represents Common Shares issued upon the vesting of restricted stock unit awards as a result of the reporting person having satisfied the eligibility requirements for a qualified retirement as defined in the applicable plan. 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]Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
- [F4]Vested as of February 1, 2015.
- [F5]Expiration Date is the same as the Date Exercisable.