(PGR)

Role: Director
Signature: /s/ Laurie F. Humphrey, By Power of Attorney
Issuer symbol: PGR
Transactions as of: 11 Aug 2021
Net transactions value: +$6,784
Form type: 4
Filing time: 13 Aug 2021, 12:51:27 UTC
Previous filing: 12 Jul 2021
Next filing: 10 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PGR	Common	Award	$6,784	+70	+0.29%	$96.92	24,501	11 Aug 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	This restricted stock grant was made pursuant to The Progressive Corporation 2017 Directors Equity Incentive Plan, and will vest on April 7, 2022. It reflects pro-rated additional compensation for the 2021-2022 term associated with the reporting person's appointment to an additional committee. The Progressive Corporation allowed each director to indicate their 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 additional pro-rated 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

This restricted stock grant was made pursuant to The Progressive Corporation 2017 Directors Equity Incentive Plan, and will vest on April 7, 2022. It reflects pro-rated additional compensation for the 2021-2022 term associated with the reporting person's appointment to an additional committee. The Progressive Corporation allowed each director to indicate their 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 additional pro-rated 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.