4//SEC Filing
PROGRESS ENERGY INC 4
Accession 0001094093-06-000386
CIK 0001094093operating
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 4:46 PM ET
Size
23.4 KB
Accession
0001094093-06-000386
Insider Transaction Report
Form 4
WILLIAMS E MICHAEL
Sr. VP of major subsidiary
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2006-12-08−21,803→ 0 totalExercise: $41.97Exp: 2012-09-30→ Common Stock (21,803 underlying) - Exercise/Conversion
Common Stock
2006-12-08$41.97/sh+400$16,788→ 33,147 total - Exercise/Conversion
Common Stock
2006-12-08$41.97/sh+21,803$915,072→ 54,550 total - Sale
Common Stock
2006-12-08$48.03/sh−400$19,212→ 32,747 total - Exercise/Conversion
Employee Stock Option (right to buy)
2006-12-08−5,997→ 21,803 totalExercise: $41.97Exp: 2012-09-30→ Common Stock (5,997 underlying) - Exercise/Conversion
Common Stock
2006-12-08$41.97/sh+5,997$251,694→ 38,744 total - Sale
Common Stock
2006-12-08$48.01/sh−21,803$1,046,762→ 32,747 total - Sale
Common Stock
2006-12-08$48.02/sh−5,997$287,976→ 32,747 total - Exercise/Conversion
Employee Stock Option (right to buy)
2006-12-08−400→ 27,800 totalExercise: $41.97Exp: 2012-09-30→ Common Stock (400 underlying)
Holdings
- 32,951
Units based on value of Common Stock
→ Common Stock (32,951 underlying) - 10,240
Units based on value of Common Stock
→ Common Stock (10,240 underlying) - 2,468(indirect: By 401(k))
Common Stock
Footnotes (8)
- [F1]Includes 261 shares acquired through routine acquisitions of the Company's stock under Progress Energy's 401(k) Plan between April and November 2006.
- [F2]The option vested in three equal installments on October 1, 2003, 2004, and 2005.
- [F3]Management Incentive Compensation Plan units are convertible at a rate of 1 for 1.
- [F4]Based upon payment schedule selected on Election Form.
- [F5]Units will be settled 100 percent in cash in accordance with schedule provided in the Plan.
- [F6]Includes 410 units acquired between April 2006 and November 2006 through routine dividend reinvestment transactions that are exempt under Rule 16a-11.
- [F7]Performance Share Sub Plan units are convertible at a rate of 1 for 1.
- [F8]Includes 1320 units acquired between April 2006 and November 2006 through routine dividend reinvestment transactions that are exempt under Rule 16a-11.
Documents
Issuer
PROGRESS ENERGY INC
CIK 0001094093
Entity typeoperating
IncorporatedNC
Related Parties
1- filerCIK 0001094093
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 4:46 PM ET
- Size
- 23.4 KB