Curtis L. Doman - Mar 1, 2022 Form 4 Insider Report for PROG Holdings, Inc. (PRG)

Role: Chief Innovation Officer-PROG, Director
Signature: /s/ George M. Sewell, by Power of Attorney for Curtis L. Doman
Stock symbol: PRG
Transactions as of: Mar 1, 2022
Transactions value $: $1,811,915
Form type: 4
Date filed: 3/3/2022, 08:10 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	+15.4K	+9.4%	$0.00	180K	Mar 1, 2022	Direct	F1
transaction	PRG	Common Stock	Award	$606K	+20.8K	+11.57%	$29.16	200K	Mar 1, 2022	Direct	F2
holding	PRG	Common Stock						22K	Mar 1, 2022	LLC

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	$1.21M	+41.3K		$29.16	41.3K	Mar 1, 2022	Stock Options (Right to Buy)	41.3K	$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.