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Filing Details

Accession Number:: 0000080661-10-000086
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-07-26 13:00:00
Reporting Period:: 2010-07-23

Filing Date:: 2010-07-26
Accepted Time:: 2010-07-26 11:02:05
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	Personal Lines Group	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common	Acquisiton	2010-07-23	42,500	$6.99	261,729	No	4	M	Direct
Common	Disposition	2010-07-23	24,700	$19.83	237,029	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common	2001 Employee Option	Disposition	2010-07-23	14,171	$0.00	14,171	$6.99
Common	2001 Employee Option	Disposition	2010-07-23	28,329	$0.00	28,329	$6.99

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
28,329	2002-10-16	2010-12-31	No	4	M	Direct
0		2010-12-31	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common	8,484	Indirect	401(k) Plan
Common	5,600	Indirect	By Sauerland Partnership
Common	1,200	Indirect	By Child
Common	5,600	Indirect	By Trust

Footnotes

The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $19.833 to $19.845, 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 1.
The Reporting Person is a general partner of the partnership that owns the reported securities. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
The Reporting Person is trustee of a family trust, certain beneficiaries of which are immediate family members of the Reporting Person. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein (including the pecuniary interest of such immediate family members), and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
The option vests in three equal annual installments beginning January 1, 2004.