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

Signature
/s/ Laurie F. Humphrey, By Power of Attorney
Issuer symbol
PGR
Transactions as of
15 Jul 2021
Net transactions value
-$9,362,641
Form type
4
Filing time
19 Jul 2021, 14:39:27 UTC
Previous filing
21 Jun 2021
Next filing
21 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Award $0 +220,621 +60% $0.000000 585,836 16 Jul 2021 Direct F1
transaction PGR Common Tax liability $9,362,641 -98,929 -17% $94.64 486,907 16 Jul 2021 Direct
holding PGR Common 15,019 15 Jul 2021 401(k) Plan
holding PGR Common 18,731 15 Jul 2021 Husband's 401(k) Plan
holding PGR Common 91,746 15 Jul 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% $0.000000 155,510 15 Jul 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.