SEC Form 4 · accession 0001127602-17-005839
PROGRESSIVE CORP/OH/ · PGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick K Callahan
Officer — Personal Lines President
Period of report
Feb 10, 2017
Accepted (ET)
Feb 14, 2017 · 12:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000080661
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2,F3 | — | Feb 10, 2017 | A | 451 | A | — | — | Common | 451 | 25,266 | D |
| Deferred Comp UnitF4,F5,F3 | — | Feb 10, 2017 | A | 427 | A | — | — | Common | 427 | 23,990 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
- F2These units, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time as the Restricted Stock Units to which they relate.
- F3Expiration Date is the same as the Date Exercisable.
- F41 for 1
- F5These units, which were acquired upon the reinvestment of dividend equivalents, will be paid out in cash at the time elected by the reporting person or at such other time determined in accordance with the plan.