Accession Number: | 0001127602-20-016266 |
Date: | 2020-05-11 |
Issuer: | PROGRESSIVE CORP/OH/ (PGR) |
Original Submission Date: |
TIGHE JAN E
6300 WILSON MILLS ROAD
MAYFIELD VILLAGE, OH 44143
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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COMMON | 2020-05-11 | A | 2,141 | a | $0.00 | 2,141 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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ID | footnote |
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f1 | restricted stock grant, made pursuant to the progressive corporation 2017 directors equity incentive plan, and which will vest on april 8, 2021. the progressive corporation allowed each director to indicate his or her preference to receive compensation for the 2020-2021 term in the form of 100% restricted stock or 60% restricted stock and 40% cash. the reporting person indicated a preference to receive compensation in the form of 60% restricted stock and 40% cash. after considering such preference, the compensation committee granted a restricted stock award representing 60% of the reporting person's compensation for the 2020-2021 term, and authorized a cash payment on april 8, 2021 for the remaining 40% of the reporting person's compensation. |