David M. Stringer - Jan 18, 2024 Form 3 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Signature
/s/ Allyson L. Bach, By Power of Attorney
Stock symbol
PGR
Transactions as of
Jan 18, 2024
Transactions value $
$0
Form type
3
Date filed
1/25/2024, 09:21 AM
Next filing
Jan 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PGR Common 2.37K Jan 18, 2024 Direct
holding PGR Common 82 Jan 18, 2024 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
holding PGR Deferred Comp Unit Jan 18, 2024 Common 110 $0.00 Direct F1, F2, F3
holding PGR Restricted Stock Unit Jan 18, 2024 Common 4.12K $0.00 Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred compensation units relating to annual cash incentive awards and units acquired upon the reinvestment of dividend equivalents will both be paid out in cash at the time elected by the reporting person, or such other time determined in accordance with the applicable deferral plan.
F2 Expiration Date is the same as the Date Exercisable.
F3 1 for 1
F4 Represents time-based restricted stock units granted to the reporting person by the issuer between 2020 and 2023 plus accrued dividend equivalents since the grant date. Subject to the terms of the applicable plan and award agreements, each award vests in three roughly equal installments in the third, fourth and fifth January following the date of grant, subject to earlier vesting or forfeiture in accordance with the plan and the award agreement. The following number of units are scheduled to vest on the following dates: 1/1/25 - 652.330; 1/21/25 - 933.748; 1/20/26 - 1,314.629; 01/19/2027 - 843.410; 1/18/2028 - 380.859.
F5 Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.