William L. Clawson II - 12 Dec 2021 Form 3 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role: Chief Human Resources Officer
Signature: /s/ Allyson L. Bach, By Power of Attorney
Issuer symbol: PGR
Transactions as of: 12 Dec 2021
Net transactions value: $0
Form type: 3
Filing time: 20 Dec 2021, 11:56:38 UTC
Next filing: 30 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PGR	Common						3,637	12 Dec 2021	Direct

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
holding	PGR	Restricted Stock Unit							12 Dec 2021	Common	6,313		Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	Represents time-based restricted stock units granted to the reporting person between 2017 and 2021. Subject to the terms of the applicable plan and award agreements, each award vests in three roughly equal installments in the third, fourth and fifth January following the date of grant or earlier if the reporting person achieves qualified retirement eligibility as defined in the plan or applicable award agreement. The following number of units are scheduled to vest on the following dates: 1/1/22 - 1,690.196; 1/1/23 - 1,556.784; 1/1/24 - 1,086.262; 1/16/24 - 462.470; 1/1/25 -591.361; 1/21/25 - 462.470; and 1/20/26 - 463.471.
F2	Expiration Date is the same as Date Exercisable.
F3	Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.