Jonathan S. Bauer - 01 Jan 2022 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
Chief Investment Officer
Signature
/s/ Laurie F. Humphrey, By Power of Attorney
Issuer symbol
PGR
Transactions as of
01 Jan 2022
Net transactions value
-$113,717
Form type
4
Filing time
04 Jan 2022, 13:54:39 UTC
Previous filing
30 Dec 2021
Next filing
19 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Options Exercise $0 +3,081 +28% $0.000000 14,140 01 Jan 2022 Direct F1
transaction PGR Common Tax liability $113,717 -1,114 -7.9% $102.08 13,026 01 Jan 2022 Direct
holding PGR Common 112 01 Jan 2022 401(k)

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 Options Exercise $0 -3,081 -19% $0.000000 12,872 01 Jan 2022 Common 3,081 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Common Shares issued upon the vesting of restricted stock unit awards, including dividend equivalent units. This Form 4 reports the disposition of such restricted stock units in exchange for an equal number of Common Shares.
F2 Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
F3 Units vested on January 1, 2022.
F4 Expiration Date is the same as the Date Exercisable.