PROGRESSIVE CORP/OH/ 4
4 · PROGRESSIVE CORP/OH/ · Filed May 5, 2015
Insider Transaction Report
Form 4
KING THOMAS A
Vice President
Transactions
- Exercise/Conversion
Restricted Stock Unit
2015-05-01−3,133.5→ 18,642.969 total→ Common (3,133.5 underlying) - Exercise/Conversion
Common
2015-05-01+3,133.5→ 13,855.802 total - Tax Payment
Common
2015-05-01$26.81/sh−1,030$27,614→ 12,825.802 total
Holdings
- 20,887.106(indirect: 401-k Plan)
Common
Footnotes (4)
- [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]Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
- [F3]Vested as of May 1, 2015.
- [F4]Expiration Date is the same as the Date Exercisable.