Susan Patricia Griffith - 18 Mar 2022 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
President and CEO, Director
Signature
/s/ Laurie F. Humphrey, By Power of Attorney
Issuer symbol
PGR
Transactions as of
18 Mar 2022
Net transactions value
-$5,153,085
Form type
4
Filing time
21 Mar 2022, 18:01:56 UTC
Previous filing
22 Feb 2022
Next filing
18 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Sale $5,153,085 -46,735 -11% $110.26 373,134 18 Mar 2022 Direct F1, F2
transaction PGR Common Gift $0 -5,000 -1.3% $0.000000 368,134 18 Mar 2022 Direct F1
holding PGR Common 15,282 18 Mar 2022 401(k) Plan
holding PGR Common 19,059 18 Mar 2022 Husband's 401(k) Plan
holding PGR Common 91,746 18 Mar 2022 Husband's Trust F3

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 +26,023 +22% $0.000000 142,045 19 Mar 2022 Common 26,023 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of April 23, 2021.
F2 The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $109.285 to $111.510, inclusive. The reporting person undertakes to provide to The Progressive Corporation, any security holder of The Progressive Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Footnote 1.
F3 Held in a trust for the benefit of reporting person's spouse.
F4 Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
F5 These units will vest in three equal annual installments on each of January 21, 2025, January 20, 2026 and January 19, 2027, subject to earlier vesting or forfeiture in accordance with the plan and the award agreement.
F6 Expiration Date is the same as the Date Exercisable.