-----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, VSsWglFy3xLIdvnLFgktcYQX9vycKe1v4Q66qi08u6NJYw4IUpk/hWkyFEEz7alP bcRCEOe7UaPDbBOV5SltrQ== 0000867579-04-000160.txt : 20040507 0000867579-04-000160.hdr.sgml : 20040507 20040507173929 ACCESSION NUMBER: 0000867579-04-000160 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040505 FILED AS OF DATE: 20040507 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SAFECO CORP CENTRAL INDEX KEY: 0000086104 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 910742146 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4333 BROOKLYN AVE NE STREET 2: SAFECO PLAZA CITY: SEATTLE STATE: WA ZIP: 98185 BUSINESS PHONE: 2065455000 MAIL ADDRESS: STREET 1: 4333 BROOKLYN AVE NE CITY: SEATTLE STATE: WA ZIP: 98185 FORMER COMPANY: FORMER CONFORMED NAME: GENERAL AMERICA CORP DATE OF NAME CHANGE: 19680529 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MCGAVICK MICHAEL S CENTRAL INDEX KEY: 0001205170 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06563 FILM NUMBER: 04790401 BUSINESS ADDRESS: STREET 1: C/O SAFECO STREET 2: 4333 BROOKLYN AVENUE NE CITY: SEATTLE STATE: WA ZIP: 98185 BUSINESS PHONE: 2065455000 MAIL ADDRESS: STREET 1: C/O SAFECO STREET 2: 4333 BROOKLYN AVENUE NE CITY: SEATTLE STATE: WA ZIP: 98185 4 1 edgar.xml PRIMARY DOCUMENT X0202 4 2004-05-05 0000086104 SAFECO CORP SAFC 0001205170 MCGAVICK MICHAEL S SAFECO PLAZA 4333 BROOKLYN AVENUE N.E. SEATTLE WA 98185 0 1 0 0 Chairman, President and CEO Common Stock 2004-05-05 4 M 0 4180 A 64585 D Common Stock 2004-05-05 4 F 0 1524 43.80 D 63061 D Restricted Stock Rights 2004-05-05 4 M 0 4180 43.80 D 2004-05-05 2004-05-05 Common Stock 4180 12540 D Restricted Stock Rights 2004-05-05 4 A 0 98944 43.80 A Common Stock 98944 98944 D Received upon conversion of an equal number of restricted stock rights ("RSRs"). Delivery of shares to issuer exempt under 16b-3 to pay tax withholding liability. RSRs are convertible into common stock on a 1 for 1 basis. 1 for 1 Grant of RSRs exempt under 16b-3. The number of RSRs granted determined by the company's and the reporting person's performance in 2003; right to receive shares or cash equal to the value thereof, provided the reporting person remains in the issuer's service until specified vesting dates. Beginning in 2005, equity grants will be in the form of RSRs only and the number of RSRs granted will be determined by performance measures. Vests in four annual installments of 25% of the total grant beginning February 15, 2005. SoYoung Kwon, Attorney-in-Fact for Michael S. McGavick 2004-05-07 EX-24 2 mcgavick.htm

Power of Attorney



 The undersigned hereby constitutes and appoints Stephanie Daley-Watson, SoYoung Kwon and Karri Harrington, and each of them, his or her true and lawful attorney-in-fact to:



(1) execute for and on behalf of the undersigned, in the undersigned's capacity as an officer, director, and/or person who holds more than 10% of the stock of Safeco Corporation (the "Company"), Forms 3, Forms 4, Forms 5  and any documents necessary to facilitate the filing of Section 16 reports in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules thereunder;



(2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Forms 3, Forms 4, Forms 5 or other related documents and timely file any such forms with the United States Securities and Exchange Commission and any other authority; and



(3) take any action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned, pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in her discretion.



   The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact and her substitute or substitutes, shall lawfully do or cause to be done pursuant to this power of attorney.  The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned?s responsibilities to comply with Section 16 of the Exchange Act.



   This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, Forms 4, and Forms 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the attorneys-in-fact.



   The undersigned has caused this Power of Attorney to be executed as of this 5th day of May, 2004.







        /s/ Michael S. McGavick

        Signature



        Michael S. McGavick

        Print Name

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