Corbett Jeffrey A 4
4 · PROGRESS ENERGY INC · Filed Mar 26, 2012
Insider Transaction Report
Form 4
Corbett Jeffrey A
Sr. VP of major subsidiary
Transactions
- Tax Payment
Common Stock
2012-03-22$52.66/sh−17$895→ 25,581 total
Holdings
- 6,516(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Additional units, representing dividend reinvestment shares, were earned on previously granted units under the Company's Performance Share Sub-Plan (the "PSSP"). Pursuant to the terms of the PSSP, those additional units were converted to shares of our Common Stock and on March 22, 2012, the number of shares necessary to pay the required taxes was withheld and sold.
- [F2]Includes 34 shares acquired through routine dividend reinvestment transactions that are exempt under Rule 16a-11.
- [F3]Includes 2 shares acquired through routine acquisitions of the Company's stock under Progress Energy's 401(k) Plan between January and February 2012.