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

Role: Chief Human Resources Officer
Signature: /s/ Allyson L. Bach, By Power of Attorney
Stock symbol: PGR
Transactions as of: Dec 12, 2021
Transactions value $: $0
Form type: 3
Date filed: 12/20/2021, 11:56 AM
Next filing: Dec 30, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PGR	Common						3.64K	Dec 12, 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							Dec 12, 2021	Common	6.31K		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.