Filing Details
- Accession Number:
- 0000080661-11-000090
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-12-20 15:16:12
- Reporting Period:
- 2011-12-19
- Filing Date:
- 2011-12-20
- Accepted Time:
- 2011-12-20 15:16:12
- 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 |
---|---|---|---|---|---|---|---|
1218679 | M William Cody | 6300 Wilson Mills Road Mayfield Village OH 44143 | Chief Investment | 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 | Acquisiton | 2011-12-19 | 28,669 | $11.28 | 226,403 | No | 4 | M | Direct | |
Common | Disposition | 2011-12-19 | 5,000 | $18.49 | 221,403 | 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
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common | 2002 Employee Option | Disposition | 2011-12-19 | 21,751 | $0.00 | 21,751 | $11.28 |
Common | 2002 Employee Option | Disposition | 2011-12-19 | 6,918 | $0.00 | 6,918 | $11.28 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
6,918 | 2011-12-31 | No | 4 | M | Direct | |
0 | 2003-07-16 | 2011-12-31 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common | 17,744 | Indirect | 401(K) Plan |
Footnotes
- The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $18.461 to $18.500, 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 ranges set forth in this Footnote 1.
- This option previously was reported as an option covering 20,703 shares at an exercise price of $11.8556 per share, and it has been adjusted by the Board of Directors pursuant to the terms of The Progressive Corporation 1995 Incentive Plan, as approved by shareholders, in connection with the $1.00 per Common Share extraordinary dividend paid on December 29, 2010 to shareholders of record on December 20, 2010.
- The option vests in three equal annual installments beginning January 1, 2005.
- This option previously was reported as an option covering 6,585 shares at an exercise price of $11.8556 per share, and it has been adjusted by the Board of Directors pursuant to the terms of The Progressive Corporation 1995 Incentive Plan, as approved by shareholders, in connection with the $1.00 per Common Share extraordinary dividend paid on December 29, 2010 to shareholders of record on December 20, 2010.