PROGRESS ENERGY INC 4
4 · PROGRESS ENERGY INC · Filed Apr 22, 2004
Insider Transaction Report
Form 4
DAY FRED N IV
Pres. & CEO - major subsidiary
Transactions
- Disposition to Issuer
Units based on value of Common Stock
[F5][F2][F3][F6]2004-04-20$47.66/sh+4,773$227,457→ 28,003 total→ Common Stock (4,773 underlying)
Holdings
- 616
Units based on value of Common Stock
[F1][F2][F3]→ Common Stock (616 underlying) - 1,320
Units based on value of Common Stock
[F4][F2][F3]→ Common Stock (1,320 underlying)
Footnotes (6)
- [F1]Management Deferred Compensation Plan units are convertible at a rate of 1 for 1.
- [F2]Units will be settled 100 percent in cash in accordance with schedule provided in the Plan.
- [F3]Based upon payment schedule selected on Election Form.
- [F4]Management Incentive Compensation Plan units are convertible at a rate of 1 for 1.
- [F5]Performance Share Sub Plan units are convertible at a rate of 1 for 1.
- [F6]Balance reflects a forfeiture of 2,121 units in connection with the April 20, 2004 transaction for Plan Year 2001 due to Plan provisions.
Signature
Frederick N. Day IV by Robert M. Williams pursuant to POA|2004-04-22