Patrick K. Callahan - 29 Dec 2021 Form 4 Insider Report for PROGRESSIVE CORP/OH/ (PGR)

Signature
/s/ Laurie F. Humphrey, By Power of Attorney
Issuer symbol
PGR
Transactions as of
29 Dec 2021
Transactions value $
$0
Form type
4
Filing time
30 Dec 2021, 13:40:12 UTC
Previous filing
27 Dec 2021
Next filing
04 Jan 2022

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 PGR Restricted Stock Unit Award $0 +456 +1.44% $0.00 32.1K 29 Dec 2021 Common 456 Direct F1, F2, F3
transaction PGR Deferred Comp Unit Award $0 +1.27K +1.44% $0.00 89.4K 29 Dec 2021 Common 1.27K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
F2 These units, which were acquired upon the reinvestment of dividend equivalents, will vest at the same time as the Restricted Stock Units to which they relate.
F3 Expiration Date is the same as the Date Exercisable.
F4 1 for 1
F5 These units, which were acquired upon the reinvestment of dividend equivalents, will be paid out in cash at the time elected by the reporting person or at such other time determined in accordance with the plan.