PROGRESSIVE CORP/OH/ — Director's Dealing 2023

Jan 4, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESSIVE CORP/OH/ (PGR)
CIK: 0000080661
Period of Report: 2023-01-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-01	Common	M	46766.896	—	Acquired	478588.476	Direct
2023-01-01	Common	F	19880	$129.53	Disposed	458708.476	Direct
2023-01-03	Common	G	13	—	Disposed	458695.476	Direct
2023-01-03	Common	G	8935	—	Disposed	82811.096	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-01	Restricted Stock Unit	$	M	46766.896	Disposed		Common (46766.896)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	15321.441	Indirect
Common	19108	Indirect

Footnotes

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

F2: This transaction reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of September 16, 2022.

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

F4: Shares previously held through Progressive's 401(k) by husband which were distributed to the husband on November 3, 2022.

F5: Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.

F6: Units vested on January 1, 2023.

F7: Expiration Date is the same as the Date Exercisable.