Dolan Vincent M 4
4 · PROGRESS ENERGY INC · Filed Feb 29, 2012
Insider Transaction Report
Form 4
Dolan Vincent M
President & CEO of major sub
Transactions
- Tax Payment
Common Stock
2012-02-28$53.68/sh−620$33,280→ 28,995 total
Holdings
- 8,658(indirect: By 401(k))
Common Stock
Footnotes (2)
- [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, those units were converted to shares of our Common Stock and on February 28, 2012, the number of shares necessary to pay the required taxes was withheld and sold.
- [F2]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.