Remi Kent - Nov 2, 2021 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
Chief Marketing Officer
Signature
/s/ Allyson L. Bach, By Power of Attorney
Stock symbol
PGR
Transactions as of
Nov 2, 2021
Transactions value $
$0
Form type
4
Date filed
11/3/2021, 04:24 PM
Previous filing
Nov 2, 2021
Next filing
Dec 30, 2021

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 +5.28K $0.00 5.28K Nov 2, 2021 Common 5.28K Direct F1, F2, F3
transaction PGR Restricted Stock Unit Award $0 +15.8K +300% $0.00 21.1K Nov 2, 2021 Common 15.8K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
F2 These units will vest in three equal annual installments on each of January 16, 2024, January 21, 2025 and January 20, 2026, subject to earlier vesting or forfeiture in accordance with the plan and the award agreement.
F3 Expiration Date is the same as the Date Exercisable.
F4 These units will vest in three equal annual installments on each of January 1, 2022, January 1, 2023 and January 16, 2024, subject to earlier vesting or forfeiture in accordance with the plan and the award agreement.