LENNON MAX 4
4 · DUKE ENERGY CORP · Filed Feb 28, 2005
Insider Transaction Report
Form 4
LENNON MAX
Director
Transactions
- Exercise/Conversion
LTIP Phantom Stock 2004 Grant
2005-02-24−300→ 1,200 total→ Common Stock (300 underlying) - Award
LTIP Phantom Stock Grant Feb 2005
2005-02-28+1,820→ 1,820 total→ Common Stock (1,820 underlying) - Exercise/Conversion
Common Stock
2005-02-24+300→ 440 total(indirect: By Trust)
Holdings
- 400
Common Stock
- 962(indirect: By Trust)
Common Stock
- 39,332(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]1-for-1
- [F2]The phantom stock vests in 5 equal annual installments beginning on February 24, 2005.
- [F3]FOR ELECTRONIC FILING PURPOSES ONLY. Expiration date not applicable.
- [F4]One fifth will vest on each of the first five anniversaries of the grant date, or, if earlier, upon (1) termination of service after attaining age 70, (2) termination of service after attaining age 62 with at least 10 years of service, (3) termination of service due to death or disability, or (4) upon a change of control while serving as director.