Steven A. Michaels - Mar 1, 2023 Form 4 Insider Report for PROG Holdings, Inc. (PRG)

Role: President and CEO, Director
Signature: /s/ George M. Sewell, by Power of Attorney for Steven A. Michaels
Stock symbol: PRG
Transactions as of: Mar 1, 2023
Transactions value $: $2,647,964
Form type: 4
Date filed: 3/3/2023, 06:27 PM
Previous filing: Aug 3, 2022
Next filing: Mar 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRG	Common Stock	Award	$0	+50.6K	+24.56%	$0.00	257K	Mar 1, 2023	Direct	F1, F2
holding	PRG	Common Stock						9K	Mar 1, 2023	By Spouse

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	$2.65M	+107K		$24.70	107K	Mar 1, 2023	Stock Options (Right to Buy)	107K	$24.70	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, 2024, 2025 and 2026, subject to the grant agreement between the Issuer and the Reporting Person.
F2	Number of shares reported includes 125 shares purchased through the Issuer's Employee Stock Purchase Plan on December 31, 2022.
F3	Stock option award is expected to vest in three equal increments on each of March 7, 2024, 2025, and 2026, subject to the grant agreement between the Issuer and the Reporting Person.