Philip Bleser - 18 Apr 2023 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
Director
Signature
/s/ Laurie F. Humphrey, By Power of Attorney
Issuer symbol
PGR
Transactions as of
18 Apr 2023
Transactions value $
-$368,579
Form type
4
Filing time
20 Apr 2023, 13:58:45 UTC
Previous filing
18 Apr 2023
Next filing
16 May 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 +4.77K $0.00 4.77K 18 Apr 2023 Direct F1
transaction PGR Common Disposed to Issuer -$88.9K -642 -13.46% $138.41 4.13K 18 Apr 2023 Direct F1
transaction PGR Common Sale -$280K -2K -48.44% $139.86 2.13K 19 Apr 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 Phantom Stock Unit (rest. Stock) Options Exercise $0 -4.77K -20.23% $0.00 18.8K 18 Apr 2023 Common 4.77K $0.00 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a distribution under a director deferral plan pursuant to previously made elections. In accordance with the plan, the restricted shares originally deferred were distributed in the form of Common Shares and all related dividend equivalent units were distributed in the form of cash.
F2 1 for 1
F3 Units deferred from restricted Common Shares upon vesting will be distributed in an equivalent number of Common Shares at the time elected by the reporting person or at such other time determined in accordance with the deferral plan. Units acquired upon the reinvestment of dividend equivalents will be paid out in cash at the time elected by the reporting person or at such other time determined in accordance with the deferral plan.
F4 Expiration Date is the same as the Date Exercisable.