SEC Form 4 · accession 0001127602-15-023174
PROGRESSIVE CORP/OH/ · PGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond M Voelker
Officer — Chief Information Officer
Period of report
Jul 17, 2015
Accepted (ET)
Jul 21, 2015 · 10:24 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000080661
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common | Jul 17, 2015 | A | 29,292 | $0.00 | A | 57,893 | D | |
| Common | Jul 17, 2015 | F | 21,813 | $30.76 | D | 36,080 | D | |
| CommonF3 | Jul 20, 2015 | S | 13,000 | $31.224 | D | 23,080 | D | |
| Common | holding | — | — | — | 13,609 | I | 401-k Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were issued pursuant to the vesting of performance-based restricted stock unit awards made in 2012, including dividend equivalents accrued since the grant date.
- F2Delivery of shares to satisfy tax withholding obligation upon vesting of restricted stock units described above and performance-based restricted shares granted in 2007.
- F3The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $31.22 to $31.225, inclusive. The reporting person undertakes to provide to The Progressive Corporation, any security holder of The Progressive Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote 3.