John Jo Murphy - 15 Jul 2021 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role: CRM President
Signature: /s/ Laurie F. Humphrey, By Power of Attorney
Issuer symbol: PGR
Transactions as of: 15 Jul 2021
Net transactions value: -$683,679
Form type: 4
Filing time: 19 Jul 2021, 13:52:53 UTC
Next filing: 23 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PGR	Common	Award	$0	+16,088	+57%	$0.000000	44,141	16 Jul 2021	Direct	F1
transaction	PGR	Common	Tax liability	$683,679	-7,224	-16%	$94.64	36,917	16 Jul 2021	Direct
holding	PGR	Common						14,452	15 Jul 2021	401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PGR	Restricted Stock Unit	Award	$0	+28	+0.11%	$0.000000	26,078	15 Jul 2021	Common	28		Direct	F2, F3, F4

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

Explanation of Responses:

Id	Content
F1	These shares were issued pursuant to the vesting of performance-based restricted stock unit awards made in 2018, including dividend equivalent units accrued since the grant date.
F2	Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
F3	These units, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time as the Restricted Stock Units to which they relate.
F4	Expiration Date is the same as Date Exercisable.