SEC Form 3 · accession 0001127602-19-009937
PROGRESSIVE CORP/OH/ · PGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mariann Wojtkun Marshall
Officer — Chief Accounting Officer
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 4:24 pm EST
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 | holding | — | — | — | 9,848 | I | 401(k) Plan | |
| Common | holding | — | — | — | 3,715 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3,F1,F2 | — | holding | — | — | — | — | — | Common | 1,771 | — | D |
Explanation of responses
- F1Represents time-based restricted stock units granted to the reporting person between 2015 and 2018. Subject to the terms of the applicable plan and award agreements, each award vests in three roughly equal installments on the third, fourth and fifth January 1st following the date of grant or earlier if the reporting person achieves qualified retirement eligibility as defined in the plan or applicable award agreement. The following number of units are scheduled to vest on January 1st of each of the following years: 2020 - 672.429; 2021 - 572.714; 2022 - 376.996; 2023 - 148.758.
- F2Expiration Date is the same as the Date Exercisable.
- F3Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.