Marvin A. Fentress - 01 Mar 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
Issuer symbol: PRG
Transactions as of: 01 Mar 2022
Net transactions value: +$881,857
Form type: 4
Filing time: 03 Mar 2022, 20:09:02 UTC
Next filing: 09 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRG	Common Stock	Award	$0	+7,290	+11%	$0.000000	75,840	01 Mar 2022	Direct	F1
transaction	PRG	Common Stock	Award	$312,537	+10,718	+14%	$29.16	86,558	01 Mar 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	$569,320	+19,524		$29.16	19,524	01 Mar 2022	Stock Options (Right to Buy)	19,524	$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.