CODY WILLIAM M 4
4 · PROGRESSIVE CORP/OH/ · Filed Mar 19, 2019
Insider Transaction Report
Form 4
CODY WILLIAM M
Chief Investment
Transactions
- Award
Restricted Stock Unit
2019-03-16+7,000→ 25,317.55 total→ Common (7,000 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
- [F2]Fifty percent of these restricted stock units will vest on May 1, 2019 as a result of qualified retirement eligibility provisions contained in the plan and the award agreement; the remaining fifty percent of these units will vest in three equal annual installments beginning January 1, 2022, subject to earlier vesting or forfeiture in accordance with the provisions of the plan and the award agreement.
- [F3]Expiration Date is the same as the Date Exercisable.