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PROGRESSIVE CORP/OH/ Director's Dealing 2020

Apr 17, 2020

29822_dirs_2020-04-17_30a3c329-f71a-4cfb-8e67-4b626d4ad5f7.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESSIVE CORP/OH/ (PGR)
CIK: 0000080661
Period of Report: 2020-04-15

Reporting Person: Griffith Susan Patricia (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-04-16 Common S 34468 $78.7348 Disposed 352461.841 Direct
2020-04-16 Common G 3750 Disposed 93037.096 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-04-15 Restricted Stock Unit $ A 208.327 Acquired Common (208.327) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common 14283.293 Indirect
Common 17813.751 Indirect

Footnotes

F1: The transactions reported on this Form 4 were made pursuant to a 10b5-1 trading plan adopted by the reporting person as of February 7, 2020.

F2: The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $77.99 to $79.43, 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.

F3: Held in a trust for the benefit of reporting person's spouse.

F4: Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.

F5: 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.

F6: Expiration Date is the same as the Date Exercisable.