Lori A. Niederst - Jan 1, 2023 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, 2023
Transactions value $
-$266,961
Form type
4
Date filed
1/4/2023, 04:07 PM
Previous filing
Oct 18, 2022
Next filing
Jan 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Options Exercise $0 +6.69K +19.44% $0.00 41.1K Jan 1, 2023 Direct F1
transaction PGR Common Tax liability -$267K -2.06K -5.01% $129.53 39K Jan 1, 2023 Direct
holding PGR Common 191 Jan 1, 2023 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 -6.69K -28.15% $0.00 17.1K Jan 1, 2023 Common 6.69K 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, 2023.
F4 Expiration Date is the same as the Date Exercisable.