X0201 4/A 2003-05-22 2003-05-27 0000874977 STATE AUTO FINANCIAL CORP STFC 0001184041 JOHNSTON STEVEN J 518 E. BROAD STREET COLUMBUS OH 43215 0 1 0 0 Senior Vice President Common Shares without par value 2003-05-22 4 A 0 0 0 A 31933.825 D Employee Stock Option (Right to Buy) NQ 18.74 2003-05-22 5 A 0 7329 0 A 2004-05-22 2013-05-21 Common shares 7329 7329 D Employee Stock Option (Right to Buy) ISO 18.74 2003-05-22 5 A 0 7171 0 A 2004-05-22 2013-05-21 Common Shares 7171 7171 D field should be left blank, but due to a software defect, requires input. Includes the following acquisitions: 33.955 shares acquired in March 2003 under the dividend reinvestment feature of the STFC Employee Stock Purchase Plan, and 0.475 shares acquired in March 2003 under the STFC Dividend Reinvestment Plan, and 72.211 shares acquired in March 2003 through the STFC 401(K) Stock Purchase Plan. The options vest in three annual installments. Due to regulatory limitations on incentive stock options, the three annual installments are as follows: 2,495 shares to vest 5/22/04, 2,417 shares to vest 5/22/05, and 2,417 shares to vest 5/22/06. The options vest in three annual installments. Due to regulatory limitations on incentive stock options, the three annual installments are as follows: 2,337 shares to vest 5/22/04, 2,417 shares to vest 5/22/05, and 2,417 shares to vest 5/22/06. Steven J. Johnston by John R. Lowther, attorney in fact pursuant to POA filed with Commission 11-10-94 2004-03-31