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PROGRESS ENERGY INC·4

Oct 2, 4:33 PM ET

PROGRESS ENERGY INC 4

4 · PROGRESS ENERGY INC · Filed Oct 2, 2003

Insider Transaction Report

Form 4
Period: 2003-10-01
PROGRESS ENERGY INCPGN
DAVIS DONALD K
Exec. VP of major subsidiary
Transactions
  • Award

    Employee Stock Option (right to buy)

    2003-10-01+37,000→ 37,000 total
    Exercise: $44.75From: 2004-10-01Exp: 2013-09-30→ Common Stock (37,000 underlying)
  • Other

    Units based on value of Common Stock

    2003-08-01$40.45/sh+6$243→ 396 total
    → Common Stock (6 underlying)
  • Other

    Units based on value of Common Stock

    2003-08-01$40.75/sh+112$4,564→ 8,247 total
    → Common Stock (112 underlying)
  • Other

    Units based on value of Common Stock

    2003-08-01$40.45/sh+399$16,140→ 29,223 total
    → Common Stock (399 underlying)
Footnotes (7)
  • [F1]Management Deferred Compensation Plan units are convertible at a rate of 1 for 1.
  • [F2]Units acquired through routine reinvestment of dividends that are exempt under Rule 16a-11.
  • [F3]Units will be settled 100 percent in cash in accordance with schedule provided in the Plan.
  • [F4]Based upon payment schedule selected on Election Form.
  • [F5]Management Incentive Compensation Plan units are convertible at a rate of 1 for 1.
  • [F6]Performance Share Sub Plan units are convertible at a rate of 1 for 1.
  • [F7]The options vest in three equal annual installments beginning on October 1, 2004.

Documents

1 file
  • 4
    edgar.xmlPrimary

    PRIMARY DOCUMENT