PROGRESSIVE CORP/OH/ — Director's Dealing 2021

Jul 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESSIVE CORP/OH/ (PGR)
CIK: 0000080661
Period of Report: 2021-07-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-15	Common	S	12000	$90.54	Disposed	284721.315	Direct
2021-07-16	Common	A	63428.395	—	Acquired	348149.71	Direct
2021-07-16	Common	F	28448	$94.64	Disposed	319701.71	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-15	Restricted Stock Unit	$	A	67.179	Acquired		Common (67.179)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	12940.423	Indirect
Common	1200	Indirect

Footnotes

F1: The transaction reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of February 3, 2021.

F2: These shares were issued pursuant to the vesting of performance-based restricted stock unit awards made in 2018, including dividend equivalent units accrued since the grant date.

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

F4: 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.

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