FREDERICK W D JR 4
4 · PROGRESS ENERGY INC · Filed May 25, 2004
Insider Transaction Report
Form 4
FREDERICK W D JR
Director
Transactions
- Award
Units based on value of Common Stock
2004-05-24$41.44/sh+36$1,492→ 6,179 total→ Common Stock (36 underlying)
Holdings
- 2,414
Units based on value of Common Stock
→ Common Stock (2,414 underlying)
Footnotes (4)
- [F1]Directors' Deferred Compensation Plan units convertible at a rate of 1 for 1.
- [F2]Will be settled 100 percent in cash following the undersigned's retirement from the Board.
- [F3]Based upon payment schedule selected.
- [F4]Directors' Stock Unit Plan units convertible at a rate of 1 for 1.