Corbett Jeffrey A 4
4 · PROGRESS ENERGY INC · Filed Mar 20, 2012
Insider Transaction Report
Form 4
Corbett Jeffrey A
Sr. VP of major subsidiary
Transactions
- Tax Payment
Common Stock
2012-03-19$53.52/sh−680$36,392→ 26,757 total
Holdings
- 6,516(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]Restricted Stock Units that were granted on March 16, 2010 and March 16, 2011, vested on March 16, 2012. Pursuant to the terms of the participant's Restricted Stock Unit Award Agreement, those units were converted to shares of our Common Stock and on March 19, 2012, the number of shares necessary to pay the required taxes was withheld and sold.
- [F2]Includes 2 shares acquired through routine acquisitions of the Company's stock under Progress Energy's 401(k) Plan between January and February 2012.