Lori A. Niederst - Jan 1, 2024 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Role
CRM President
Signature
/s/ Allyson L. Bach, By Power of Attorney
Stock symbol
PGR
Transactions as of
Jan 1, 2024
Transactions value $
-$222,481
Form type
4
Date filed
1/3/2024, 04:49 PM
Previous filing
Nov 30, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGR Common Options Exercise $0 +4.46K +11.41% $0.00 43.5K Jan 1, 2024 Direct F1
transaction PGR Common Tax liability -$222K -1.39K -3.19% $160.52 42.1K Jan 1, 2024 Direct
holding PGR Common 192 Jan 1, 2024 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 -4.46K -21.31% $0.00 16.5K Jan 1, 2024 Common 4.46K 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, 2024.
F4 Expiration Date is the same as the Date Exercisable.