PROGRESSIVE CORP/OH/ — Director's Dealing 2018

Jul 19, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESSIVE CORP/OH/ (PGR)
CIK: 0000080661
Period of Report: 2018-07-17

Reporting Person: Sauerland John P (VP and Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-07-17	Common	A	90953.365	—	Acquired	455376.854	Direct
2018-07-17	Common	F	40793	$59.49	Disposed	414583.854	Direct
2018-07-18	Common	S	12000	$59.33	Disposed	402583.854	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	11457.924	Indirect
Common	1200	Indirect

Footnotes

F1: These shares were issued pursuant to the vesting of performance-based restricted stock unit awards made in 2015, including dividend equivalents accrued since the grant date.

F2: The sale reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of April 18, 2018.

F3: The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $59.23 to $59.40, inclusive. The reporting person undertakes to provide to The Progressive Corporation, any security holder of The Progressive Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.