(PGR)

Role: Director
Signature: /s/ Laurie F. Humphrey, By Power of Attorney
Stock symbol: PGR
Transactions as of: May 13, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/14/2021, 02:00 PM
Next filing: May 21, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PGR	Common	Award	$0	+1.83K	+8.08%	$0.00	24.4K	May 13, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock grant, made pursuant to The Progressive Corporation 2017 Directors Equity Incentive Plan, and which will vest on April 7, 2022. The Progressive Corporation allowed each director to indicate his or her preference to receive compensation for the 2021-2022 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 2021-2022 term, and authorized a cash payment on April 7, 2022 for the remaining 40% of the reporting person's compensation.

Content

Restricted stock grant, made pursuant to The Progressive Corporation 2017 Directors Equity Incentive Plan, and which will vest on April 7, 2022. The Progressive Corporation allowed each director to indicate his or her preference to receive compensation for the 2021-2022 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 2021-2022 term, and authorized a cash payment on April 7, 2022 for the remaining 40% of the reporting person's compensation.