PROGRESSIVE CORP/OH/ — Director's Dealing 2021

Aug 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESSIVE CORP/OH/ (PGR)
CIK: 0000080661
Period of Report: 2021-08-11

Reporting Person: Burgdoerfer Stuart B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-11	Common	A	70	$96.92	Acquired	24501	Direct

Footnotes

F1: This restricted stock grant was made pursuant to The Progressive Corporation 2017 Directors Equity Incentive Plan, and will vest on April 7, 2022. It reflects pro-rated additional compensation for the 2021-2022 term associated with the reporting person's appointment to an additional committee. The Progressive Corporation allowed each director to indicate their preference to receive compensation for the 2021-2022 term in the form of 100% restricted stock or 60% restricted stock and 40% cash. The reporting person indicated a preference to receive compensation in the form of 60% restricted stock and 40% cash. After considering such preference, the Compensation Committee granted a restricted stock award representing 60% of the reporting person's additional pro-rated compensation for the 2021-2022 term, and authorized a cash payment on April 7, 2022 for the remaining 40% of the reporting person's compensation.