PROGRESS ENERGY INC 4
4 · PROGRESS ENERGY INC · Filed Oct 2, 2003
Insider Transaction Report
Form 4
MCGEHEE ROBERT B
DirectorChairman and CEO
Transactions
- Other
Units based on value of Common Stock
2003-08-01$40.45/sh+21$849→ 1,527 total→ Common Stock (21 underlying) - Other
Units based on value of Common Stock
2003-08-01$40.75/sh+31$1,263→ 2,285 total→ Common Stock (31 underlying) - Award
Employee Stock Option (right to buy)
2003-10-01+108,000→ 108,000 totalExercise: $44.75From: 2004-10-01Exp: 2013-09-30→ Common Stock (108,000 underlying) - Other
Units based on value of Common Stock
2003-08-01$40.45/sh+580$23,461→ 42,501 total→ Common Stock (580 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.