FREDERICK W D JR 4
4 · PROGRESS ENERGY INC · Filed Jan 3, 2007
Insider Transaction Report
Form 4
FREDERICK W D JR
Director
Transactions
- Award
Units based on value of Common Stock
2007-01-02$49.18/sh+399$19,623→ 12,768 total→ Common Stock (399 underlying) - Award
Units based on value of Common Stock
2007-01-02$49.18/sh+1,200$59,016→ 6,896 total→ Common Stock (1,200 underlying)
Footnotes (4)
- [F1]Directors' Deferred Compensation Plan units convertible at a rate of 1 for 1.
- [F2]Units will be settled 100 percent in cash following the undersigned's retirement from the Board.
- [F3]Based upon payment schedule selected by the undersigned.
- [F4]Directors' Stock Unit Plan units convertible at a rate of 1 for 1.