Karen Bailo - May 1, 2022 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
Commercial Lines President
Signature
/s/ Laurie F. Humphrey, By Power of Attorney
Stock symbol
PGR
Transactions as of
May 1, 2022
Transactions value $
-$134,274
Form type
4
Date filed
5/3/2022, 04:14 PM
Previous filing
Apr 18, 2022
Next filing
Jul 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Options Exercise $0 +2.81K +8.01% $0.00 37.9K May 1, 2022 Direct F1
transaction PGR Common Tax liability -$134K -1.23K -3.26% $108.90 36.6K May 1, 2022 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
transaction PGR Restricted Stock Unit Options Exercise $0 -2.81K -14.06% $0.00 17.1K May 1, 2022 Common 2.81K Direct 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 as a result of the reporting person having satisfied the eligibility requirements for a qualified retirement as defined in the applicable plan or award agreement. 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 May 1, 2022.
F4 Expiration Date is the same as the Date Exercisable.