-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JfgFJY2O4iyYoL4FuLIOFhzRXir3saf2Yefx5A4/2Ij0qYfr7vv4PcwZk40rLHsm 4dh+rRshPWfdHcgfr7pQ3Q== 0000919574-99-000342.txt : 19990217 0000919574-99-000342.hdr.sgml : 19990217 ACCESSION NUMBER: 0000919574-99-000342 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990216 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PROGRESSIVE CORP/OH/ CENTRAL INDEX KEY: 0000080661 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 340963169 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-07939 FILM NUMBER: 99539747 BUSINESS ADDRESS: STREET 1: 6300 WILSON MILLS RD CITY: MAYFIELD VILLAGE STATE: OH ZIP: 44143 BUSINESS PHONE: 4404615000 MAIL ADDRESS: STREET 1: 6300 WILSON MILLS RD CITY: MAYFIELD VILLAGE STATE: OH ZIP: 44143 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RUANE CUNNIFF & CO INC CENTRAL INDEX KEY: 0000728014 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 132628641 STATE OF INCORPORATION: NY FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 767 FIFTH AVENUE SUITE 4701 CITY: NEW YORK STATE: NY ZIP: 10153-4798 BUSINESS PHONE: 2122454500 MAIL ADDRESS: STREET 1: 767 FIFTH AVE CITY: NEW YORK STATE: NY ZIP: 10153 SC 13G/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Amendment No.: 5 Name of Issuer: Progressive Corporation-Ohio Title of Class of Securities: Common CUSIP Number: 743315103 *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP Number: 743315103 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Ruane, Cunniff & Co., Inc. 13-2628641 2. Check the Appropriate Box if a Member of a Group a. b. 3. SEC Use Only 4. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power: 6,334,467 6. Shared Voting Power: NONE 7. Sole Dispositive Power: 5,065,431 8. Shared Dispositive Power: 4,352,500 9. Aggregate Amount Beneficially Owned by Each Reporting Person 9,417,931 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares / / 11. Percent of Class Represented by Amount in Row (9) 12.99% 12. Type of Reporting Person BD,IA Item 1(a) Name of Issuer: Progressive Corporation-Ohio (b)Address of Issuer's Principal Executive Offices: 6300 Wilson Mills Road, Mayfield Village, Ohio 44143 Item 2(a) - (c). Name, Principal Business Address, and Citizenship of Persons Filing: Ruane, Cunniff & Co., Inc. 767 Fifth Avenue, New York, N.Y. 10153-4798 Corp. organized under the laws of the State of Delaware (d) Title of Class of Securities: Common (e) CUSIP Number: 743315103 Item 3. This statement is filed pursuant to Rule 13d-1(b)(1). /x/ Broker or Dealer registered under Section 15 of the Act. -2- /x/ Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940. Item 4. Ownership. (a) Amount Beneficially Owned: 9,417,931 (b) Percent of Class: 12.99% (c) 6,334,467 shares with sole power to vote or direct the vote; 5,065,431 shares with sole power to dispose or to direct the disposition of; 4,352,500 shares with shared power to dispose or direct the disposition of. Item 5. Ownership of Five Percent or Less of a Class. N/A Item 6. Ownership of More than Five Percent on Behalf of Another Person. N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported by the Parent Holding Company. N/A Item 8. Identification and Classification of Members of the Group. N/A Item 9. Notice of Dissolution of the Group. N/A Item 10. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. By: /s/ Joseph Quinones, Jr. February 12, 1999 _________________________ ___________________ Title: Vice-President Date -4- 69900010.AV5 -----END PRIVACY-ENHANCED MESSAGE-----