Lori A. Niederst - Jan 1, 2022 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
CRM President
Signature
/s/ Laurie F. Humphrey, By Power of Attorney
Stock symbol
PGR
Transactions as of
Jan 1, 2022
Transactions value $
-$235,396
Form type
4
Date filed
1/4/2022, 04:29 PM
Previous filing
Dec 30, 2021
Next filing
Jan 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Options Exercise $0 +7.48K +25.6% $0.00 36.7K Jan 1, 2022 Direct F1
transaction PGR Common Tax liability -$235K -2.31K -6.28% $102.08 34.4K Jan 1, 2022 Direct
holding PGR Common 191 Jan 1, 2022 Husband's 401(k) Plan

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 -7.48K -28.12% $0.00 19.1K Jan 1, 2022 Common 7.48K 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 Date Exercisable.