Marvin A. Fentress - Mar 1, 2022 Form 4 Insider Report for PROG Holdings, Inc. (PRG)

Role
General Counsel, Corp Sec
Signature
/s/ George M. Sewell, by Power of Attorney for Marvin A. Fentress
Stock symbol
PRG
Transactions as of
Mar 1, 2022
Transactions value $
$881,857
Form type
4
Date filed
3/3/2022, 08:09 PM
Next filing
Mar 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRG Common Stock Award $0 +7.29K +10.63% $0.00 75.8K Mar 1, 2022 Direct F1
transaction PRG Common Stock Award $313K +10.7K +14.13% $29.16 86.6K Mar 1, 2022 Direct F2

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 PRG Stock Options (Right to Buy) Award $569K +19.5K $29.16 19.5K Mar 1, 2022 Stock Options (Right to Buy) 19.5K $29.16 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award is expected to vest in three equal increments on each of March 7, 2023, 2024 and 2025, subject to the grant agreement between the Issuer and the Reporting Person.
F2 On March 1, 2022, the Compensation Committee of the Issuer's Board of Directors determined these performance shares were earned, based on the level of attainment of various performance goals. These shares, which were granted in March 2021, are expected to vest in three equal increments on each of March 7, 2022, 2023 and 2024, subject to the grant agreement between the Issuer and the Reporting Person.
F3 Stock option award is expected to vest in three equal increments on each of March 7, 2023, 2024 and 2025, subject to the grant agreement between the Issuer and the Reporting Person.