BASCH JEFFREY W 4
4 · PROGRESSIVE CORP/OH/ · Filed May 3, 2018
Insider Transaction Report
Form 4
BASCH JEFFREY W
Vice Pres.& Chief
Transactions
- Exercise/Conversion
Common
2018-05-01+1,069.5→ 73,631.067 total - Exercise/Conversion
Restricted Stock Unit
2018-05-01−1,069.5→ 7,091.498 total→ Common (1,069.5 underlying) - Tax Payment
Common
2018-05-01$60.23/sh−320$19,274→ 73,311.067 total
Holdings
- 3,641.015(indirect: By 401(k))
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 or award agreement. 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, 2018.
- [F4]Expiration Date is the same as the Date Exercisable.