BORDEN EDWIN B JR 4
4 · PROGRESS ENERGY INC · Filed Jan 4, 2006
Insider Transaction Report
Form 4
BORDEN EDWIN B JR
Director
Transactions
- Award
Units based on value of Common Stock
2006-01-03$44.05/sh+1,200$52,854→ 10,660 total→ Common Stock (1,200 underlying) - Award
Units based on value of Common Stock
2006-01-03$44.05/sh+284$12,509→ 35,680 total→ Common Stock (284 underlying)
Footnotes (4)
- [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.
- [F4]Directors' Stock Unit Plan units convertible at a rate of 1 for 1.