Filing Details

Accession Number:
0001127602-19-012188
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-19 16:06:03
Reporting Period:
2019-03-15
Accepted Time:
2019-03-19 16:06:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
80661 Progressive Corp PGR Fire, Marine & Casualty Insurance (6331) 340963169
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1366336 P John Sauerland 6300 Wilson Mills Road
Mayfield Village OH 44143
Vp And Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Disposition 2019-03-15 12,000 $72.65 371,815 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Restricted Stock Unit Acquisiton 2019-03-16 8,579 $0.00 8,579 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
98,548 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common 11,458 Indirect 401(k) Plan
Common 1,200 Indirect By Child
Footnotes
  1. The sale reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of December 19, 2018.
  2. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $72.54 to $72.84, 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.
  3. Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
  4. These units will vest in three equal annual installments beginning January 1, 2022, subject to earlier vesting or forefeiture in accordance with the plan and the award agreement, including the earlier vesting of a portion of the units if the reporting person hereafter achieves his or her qualified retirement eligibility date.
  5. Expiration Date is the same as the Date Exercisable.