BURNER DAVID L 4
4 · PROGRESS ENERGY INC · Filed Jan 6, 2009
Insider Transaction Report
Form 4
BURNER DAVID L
Director
Transactions
- Award
Units based on value of Common Stock
2009-01-02$40.65/sh+1,476$59,999→ 10,500 total→ Common Stock (1,476 underlying) - Award
Units based on value of Common Stock
2009-01-02$40.65/sh+185$7,520→ 13,546 total→ Common Stock (185 underlying)
Footnotes (6)
- [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]Includes 203 units acquired through routine dividend reinvestment transactions that are exempt under Rule 16a-11.
- [F5]Directors' Stock Unit Plan units convertible at a rate of 1 for 1.
- [F6]Includes 137 units acquired through routine dividend reinvestment transactions that are exempt under Rule 16a-11.