Dolan Vincent M 4/A
4/A · PROGRESS ENERGY INC · Filed Feb 24, 2012
Insider Transaction Report
Form 4/AAmended
Dolan Vincent M
President & CEO of major sub
Transactions
- Award
Common Stock
2012-02-22$33.80/sh+2,231$75,408→ 29,615 total
Holdings
- 8,658(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]On February 22, 2012 the Organization and Compensation Committee approved a payout of performance units granted on March 17, 2009 under the Company's Performance Share Sub-Plan (PSSP). The number of units payable pursuant to the 2009 grant was determined in accordance with the PSSP on February 22, 2012. Pursuant to the terms of the PSSP, upon conversion of such units to shares of common stock, a number of shares necessary to cover the required taxes will be withheld and sold at a later date. The final number of shares of Common Stock to be received will be determined following the sale of a portion of the shares to pay taxes.
- [F2]Share price on grant date - March 17, 2009.
- [F3]Includes 299 shares acquired through routine acquisitions of the Company's stock under Progress Energy's 401(k) Plan between August 2011 and January 2012.