Home/Filings/4/0001094093-07-000108
4//SEC Filing

PROGRESS ENERGY INC 4

Accession 0001094093-07-000108

CIK 0001094093operating

Filed

May 10, 8:00 PM ET

Accepted

May 11, 1:26 PM ET

Size

18.8 KB

Accession

0001094093-07-000108

Insider Transaction Report

Form 4
Period: 2007-05-09
MCGEHEE ROBERT B
DirectorChairman and CEO
Transactions
  • Exercise/Conversion

    Common Stock

    2007-05-09$43.49/sh+55,100$2,396,299261,589 total
  • Exercise/Conversion

    Common Stock

    2007-05-09$41.97/sh+92,100$3,865,437298,589 total
  • Sale

    Common Stock

    2007-05-09$52.15/sh92,100$4,803,015206,489 total
  • Exercise/Conversion

    Employee Stock Option (right to buy)

    2007-05-0955,1000 total
    Exercise: $43.49Exp: 2011-09-30Common Stock (55,100 underlying)
  • Exercise/Conversion

    Employee Stock Option (right to buy)

    2007-05-0992,1000 total
    Exercise: $41.97Exp: 2012-09-30Common Stock (92,100 underlying)
  • Sale

    Common Stock

    2007-05-09$52.15/sh55,100$2,873,465206,489 total
Holdings
  • Units based on value of Common Stock

    Common Stock (2,789 underlying)
    2,789
  • Common Stock

    (indirect: By 401(k))
    3,858
  • Units based on value of Common Stock

    Common Stock (1,864 underlying)
    1,864
Footnotes (10)
  • [F1]Includes 135 shares acquired through routine acquisitions of the Company's stock under Progress Energy's 401(k) Plan between February and May 2007.
  • [F10]Includes 177 units acquired between February 2006 and May 2007 through routine dividend reinvestment transactions that are exempt under Rule 16a-11.
  • [F2]The options vested in three equal installments on October 1, 2002, 2003, and 2004.
  • [F3]The options vested in three equal installments on October 1, 2003, 2004, and 2005.
  • [F4]Management Deferred Compensation Plan units are convertible at a rate of 1 for 1.
  • [F5]Units will be settled 100 percent in cash in accordance with the payment schedule selected by the reporting person on his Election Form. The reporting person may reallocate the value of the units in his Deferral Accounts among alternative investment accounts once per calendar month.
  • [F6]Includes 118 units acquired between February 2006 and May 2007 through routine dividend reinvestment transactions that are exempt under Rule 16a-11.
  • [F7]Management Incentive Compensation Plan units are convertible at a rate of 1 for 1.
  • [F8]Based upon payment schedule selected by the reporting person on his Election Form.
  • [F9]Units will be settled 100 percent in cash in accordance with schedule provided in the Plan.

Issuer

PROGRESS ENERGY INC

CIK 0001094093

Entity typeoperating
IncorporatedNC

Related Parties

1
  • filerCIK 0001094093

Filing Metadata

Form type
4
Filed
May 10, 8:00 PM ET
Accepted
May 11, 1:26 PM ET
Size
18.8 KB