PROGRESSIVE CORP/OH/ — Director's Dealing 2021

Jan 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESSIVE CORP/OH/ (PGR)
CIK: 0000080661
Period of Report: 2020-10-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-19	Common	G	2500	—	Disposed	328161.691	Direct
2021-01-01	Common	M	23374.085	—	Acquired	351535.776	Direct
2021-01-01	Common	F	9012	$97.08	Disposed	342523.776	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-01	Restricted Stock Unit	$	M	23374.085	Disposed		Common (23374.085)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	12333.739	Indirect
Common	1200	Indirect

Footnotes

F1: This transaction 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: Represents Common Shares issued upon the vesting of restricted stock unit awards. This Form 4 reports the disposition of such restricted stock units in exchange for an equal number of Common Shares.

F3: Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.

F4: Units vested on January 1, 2021.

F5: Expiration Date is the same as the Date Exercisable.