DAVIS DONALD K 4
4 · PROGRESS ENERGY INC · Filed Apr 21, 2005
Insider Transaction Report
Form 4
DAVIS DONALD K
Exec. VP of major subsidiary
Transactions
- Disposition to Issuer
Units based on value of Common Stock
2005-04-20$42.54/sh−3,114$132,470→ 28,255 total→ Common Stock (3,114 underlying)
Holdings
- 429
Units based on value of Common Stock
→ Common Stock (429 underlying) - 8,927
Units based on value of Common Stock
→ Common Stock (8,927 underlying)
Footnotes (8)
- [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]Includes 23 units acquired between May 2004 and April 2005 through routine reinvestment of dividends that are exempt under Rule 16a-11.
- [F5]Management Incentive Compensation Plan units are convertible at a rate of 1 for 1.
- [F6]Includes 466 units acquired between May 2004 and April 2005 through routine reinvestment of dividends that are exempt under Rule 16a-11.
- [F7]Performance Share Sub-Plan units are convertible at a rate of 1 for 1.
- [F8]Includes 1,801 units acquired between May 2004 and April 2005 through routine reinvestment of dividends that are exempt under Rule 16a-11 and a forfeiture of 3,114 units in connection with the April 20, 2005 settlement transaction for Plan Year 2002 due to Plan provisions.