X0202 3 2004-11-02 0 0000086104 SAFECO CORP SAFC 0001307621 Hughes Michael H SAFECO PLAZA 4333 BROOKLYN AVENUE NE SEATTLE WA 98185 0 1 0 0 Sr. VP - Safeco Insurance Cos. Common Stock 309 D Stock Option (right to buy) 33.32 2012-05-01 Common Stock 3556 D Stock Option (right to buy) 33.32 2012-05-01 Common Stock 12004 D Restricted Stock Rights Common Stock 311 D Restricted Stock Rights Common Stock 390 D Stock Option (right to buy) 38.19 2013-05-07 Common Stock 12882 D Stock Option (right to buy) 38.19 2013-05-07 Common Stock 2618 D Restricted Stock Rights Common Stock 4948 D 889 shares vested on each of May 1, 2003 and May 1, 2004, and 889 shares will vest on each of May 1, 2005 and May 1, 2006. 3,001 shares vested on each of May 1, 2003 and May 1, 2004, and 3,001 shares will vest on each of May 1, 2005 and May 1, 2006. 166 shares will settle on February 2, 2005 and 145 shares will settle on February 1, 2006. These shares will be settled in cash or stock on those dates. 1 for 1 130 shares will settle on each of May 4, 2005, May 3, 2006 and May 7, 2007. These shares will be settled in cash or stock on those dates. 3,875 shares vested on May 7, 2004, 3,875 shares will vest on each of May 7, 2005 and May 7, 2006 and 1,257 shares will vest on May 7, 2007. The shares vest on May 7, 2007. 1,237 shares will settle on each of February 15, 2005, February 15, 2006, February 15, 2007 and February 15, 2008. These shares will be settled in cash or stock on those dates. SoYoung Kwon, Attorney-in-Fact for Michael H. Hughes 2004-11-12