PROGRESSIVE CORP/OH/ — Director's Dealing 2020

Apr 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-16	Common	S	15000	$79.12	Disposed	362326.353	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-15	Restricted Stock Unit	$	A	98.796	Acquired		Common (98.796)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	12306.745	Indirect
Common	1200	Indirect

Footnotes

F1: The sale reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of January 31, 2020.

F2: Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.

F3: 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.

F4: Expiration Date is the same as the Date Exercisable.