Charney M Jeffrey 4
4 · PROGRESSIVE CORP/OH/ · Filed Nov 3, 2020
Insider Transaction Report
Form 4
Charney M Jeffrey
Chief Marketing Officer
Transactions
- Tax Payment
Common
2020-11-01$93.62/sh−5,271$493,471→ 68,113.524 total - Exercise/Conversion
Common
2020-11-01+11,748.156→ 73,384.524 total - Exercise/Conversion
Restricted Stock Unit
2020-11-01−11,748.156→ 24,219.152 total→ Common (11,748.156 underlying)
Footnotes (5)
- [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]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]Vested as of November 1, 2020.
- [F5]Expiration Date is the same as the Date Exercisable.