PROGRESS ENERGY INC 4

4 · PROGRESS ENERGY INC · Filed Oct 2, 2003

Form 4

Period: 2003-10-01

Sr. VP of major subsidiary

Transactions

Other
Units based on value of Common Stock
2003-08-01$40.45/sh+13$526→ 993 total
→ Common Stock (13 underlying)
Other
Units based on value of Common Stock
2003-08-01$40.75/sh+52$2,119→ 3,807 total
→ Common Stock (52 underlying)
Other
Units based on value of Common Stock
2003-08-01$40.45/sh+474$19,173→ 34,675 total
→ Common Stock (474 underlying)
Award
Employee Stock Option (right to buy)
2003-10-01+39,000→ 39,000 total
Exercise: $44.75From: 2004-10-01Exp: 2013-09-30→ Common Stock (39,000 underlying)
Other
Units based on value of Common Stock
2003-08-01$40.66/sh+18$732→ 1,324 total
→ Common Stock (18 underlying)

Footnotes (8)

[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]Long Term Incentive Plan units are convertible at a rate of 1 for 1.
[F8]The options vest in three equal annual installments beginning on October 1, 2004.

Documents

1 file