Stone Jeffrey M 4
4 · PROGRESS ENERGY INC · Filed Mar 26, 2012
Insider Transaction Report
Form 4
Stone Jeffrey M
Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2012-03-22$52.66/sh−9$474→ 7,962 total
Footnotes (2)
- [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 16 shares acquired through routine dividend reinvestment transactions that are exempt under Rule 16a-11.