PROGRESSIVE CORP/OH/ 4
4 · PROGRESSIVE CORP/OH/ · Filed Jan 5, 2016
Insider Transaction Report
Form 4
KING THOMAS A
Vice President
Transactions
- Exercise/Conversion
Common
2016-01-01+6,803.596→ 22,271.122 total - Tax Payment
Common
2016-01-01$31.10/sh−2,414$75,075→ 19,857.122 total - Exercise/Conversion
Restricted Stock Unit
2016-01-01−6,803.596→ 11,839.373 total→ Common (6,803.596 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. 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]Units vested on January 1, 2016.
- [F5]Expiration Date is the same as the Date Exercisable.