PROGRESS ENERGY INC 4
4 · PROGRESS ENERGY INC · Filed Apr 22, 2004
Insider Transaction Report
Form 4
HINNANT CLAYTON S
Sr. VP of major subsidiary
Transactions
- Disposition to Issuer
Units based on value of Common Stock
2004-04-20$47.66/sh−6,979$332,584→ 31,705 total→ Common Stock (6,979 underlying)
Holdings
- 1,020
Units based on value of Common Stock
→ Common Stock (1,020 underlying) - 3,906
Units based on value of Common Stock
→ Common Stock (3,906 underlying) - 1,359
Units based on value of Common Stock
→ Common Stock (1,359 underlying)
Footnotes (7)
- [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 2,326 units in connection with the April 20, 2004 transaction for Plan Year 2001 due to Plan provisions.
- [F7]Long Term Incentive Plan units are convertible at a rate of 1 for 1.