CODY WILLIAM M 4
4 · PROGRESSIVE CORP/OH/ · Filed May 3, 2019
Insider Transaction Report
Form 4
CODY WILLIAM M
Chief Investment
Transactions
- Exercise/Conversion
Restricted Stock Unit
2019-05-01−3,504.824→ 21,847.618 total→ Common (3,504.824 underlying) - Exercise/Conversion
Common
2019-05-01+3,504.824→ 88,924.658 total - Tax Payment
Common
2019-05-01$77.69/sh−1,625$126,246→ 87,299.658 total
Holdings
- 5.931(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]Units vested as of May 1, 2019.
- [F4]Expiration Date is the same as the Date Exercisable.