Daniel P. Mascaro - 01 Jan 2023 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
Vice Pres, Secretary and CLO
Signature
/s/ Laurie F. Humphrey, By Power of Attorney
Issuer symbol
PGR
Transactions as of
01 Jan 2023
Net transactions value
-$195,331
Form type
4
Filing time
04 Jan 2023, 15:24:12 UTC
Previous filing
20 Dec 2022
Next filing
18 Jan 2023
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 +4,792 +12% $0.000000 43,680 01 Jan 2023 Direct F1
transaction PGR Common Tax liability $195,331 -1,508 -3.5% $129.53 42,172 01 Jan 2023 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 -4,792 -22% $0.000000 16,904 01 Jan 2023 Common 4,792 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, 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, 2023.
F4 Expiration Date is the same as the Date Exercisable.