DAY FRED N IV 4
4 · PROGRESS ENERGY INC · Filed Apr 21, 2005
Insider Transaction Report
Form 4
DAY FRED N IV
Exec. VP of major subsidiary
Transactions
- Disposition to Issuer
Units based on value of Common Stock
[F5][F2][F3][F6]2005-04-20$42.54/sh−2,373$100,947→ 24,010 total→ Common Stock (2,373 underlying)
Holdings
- 649
Units based on value of Common Stock
[F1][F2][F3]→ Common Stock (649 underlying) - 1,087
Units based on value of Common Stock
[F4][F2][F3]→ Common Stock (1,087 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]Includes a forfeiture of 3,163 units in connection with the April 20, 2005 settlement transaction for Plan Year 2002 due to Plan provisions.
Signature
Fred N. Day IV by Robert M. Williams pursuant to POA|2005-04-21