MCGEHEE ROBERT B 4
4 · PROGRESS ENERGY INC · Filed Apr 21, 2005
Insider Transaction Report
Form 4
MCGEHEE ROBERT B
DirectorChairman and CEO
Transactions
- Disposition to Issuer
Units based on value of Common Stock
2005-04-20$42.54/sh−5,012$213,210→ 51,297 total→ Common Stock (5,012 underlying)
Holdings
- 1,653
Units based on value of Common Stock
→ Common Stock (1,653 underlying) - 2,474
Units based on value of Common Stock
→ Common Stock (2,474 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 86 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 189 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 3,204 units acquired between May 2004 and April 2005 through routine reinvestment of dividends that are exempt under Rule 16a-11 and a forfeiture of 5,012 units in connection with the April 20, 2005 settlement transaction for Plan Year 2002 due to Plan provisions.