Steven A. Michaels - Feb 28, 2024 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: Feb 28, 2024
Transactions value $: $4,076,722
Form type: 4
Date filed: 3/1/2024, 04:57 PM
Previous filing: Feb 13, 2024
Next filing: Mar 5, 2024
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	+63.3K	+26.91%	$0.00	298K	Feb 28, 2024	Direct	F1
transaction	PRG	Common Stock	Award	$0	+63.3K	+21.2%	$0.00	362K	Feb 28, 2024	Direct	F2
transaction	PRG	Common Stock	Award	$4.08M	+139K	+38.34%	$29.40	500K	Feb 28, 2024	Direct	F3
holding	PRG	Common Stock						9K	Feb 28, 2024	By Spouse

Showing 1 to 4 of 4 entries

* 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, 2025, 2026 and 2027, subject to the grant agreement between the Issuer and the Reporting Person.
F2	Restricted stock award is expected to vest over two years, with 34 percent vesting on March 7, 2025 and 66 percent vesting on March 7, 2026, subject to the grant agreement between the Issuer and the Reporting Person.
F3	On February 28, 2024, 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 2023, are expected to vest in three equal increments on each of March 1, 2024, 2025 and 2026, subject to the grant agreement between the Issuer and the Reporting Person.