Susan Patricia Griffith - Jul 15, 2021 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
President and CEO, Director
Signature
/s/ Laurie F. Humphrey, By Power of Attorney
Stock symbol
PGR
Transactions as of
Jul 15, 2021
Transactions value $
-$9,362,641
Form type
4
Date filed
7/19/2021, 02:39 PM
Previous filing
Jun 21, 2021
Next filing
Sep 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Award $0 +221K +60.41% $0.00 586K Jul 16, 2021 Direct F1
transaction PGR Common Tax liability -$9.36M -98.9K -16.89% $94.64 487K Jul 16, 2021 Direct
holding PGR Common 15K Jul 15, 2021 401(k) Plan
holding PGR Common 18.7K Jul 15, 2021 Husband's 401(k) Plan
holding PGR Common 91.7K Jul 15, 2021 Husband's Trust F2

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 +168 +0.11% $0.00 156K Jul 15, 2021 Common 168 Direct F3, F4, F5
* 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 Held in a trust for the benefit of reporting person's spouse.
F3 Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
F4 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.
F5 Expiration Date is the same as the Date Exercisable.