SEC Form 4 · accession 0001127602-16-058106
PROGRESSIVE CORP/OH/ · PGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Broz
Officer — Chief Information Officer
Period of report
Jul 14, 2016
Accepted (ET)
Jul 18, 2016 · 3:01 pm 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 14, 2016 | A | 2,237 | $0.00 | A | 9,420 | D | |
| Common | Jul 14, 2016 | F | 736 | $33.56 | D | 8,684 | D | |
| CommonF2 | Jul 15, 2016 | S | 2,500 | $33.173 | D | 6,184 | D |
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 2013, including dividend equivalents accrued since the grant date.
- F2The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $33.172 to $33.175, 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 range set forth in this footnote.