X0202 4 2007-03-20 0001094093 PROGRESS ENERGY INC PGN 0001183052 SCOTT PETER M III 410 S. WILMINGTON STREET RALEIGH NC 27601 0 1 0 0 President & CEO - PESC, LLC Common Stock 2007-03-20 4 M 0 10211 43.49 A 102589 D Common Stock 2007-03-20 4 S 0 10211 50.00 D 92378 D Common Stock 2007-03-20 4 M 0 1389 43.49 A 93767 D Common Stock 2007-03-20 4 S 0 1389 50.01 D 92378 D Common Stock 2007-03-20 4 M 0 1600 43.49 A 93978 D Common Stock 2007-03-20 4 S 0 1600 50.02 D 92378 D Common Stock 2007-03-20 4 M 0 4100 43.49 A 96478 D Common Stock 2007-03-20 4 S 0 4100 50.03 D 92378 D Common Stock 2007-03-20 4 M 0 2100 43.49 A 94478 D Common Stock 2007-03-20 4 S 0 2100 50.04 D 92378 D Common Stock 2007-03-20 4 M 0 1900 43.49 A 94278 D Common Stock 2007-03-20 4 S 0 1900 50.04 D 92378 D Common Stock 2007-03-20 4 M 0 300 43.49 A 92678 D Common Stock 2007-03-20 4 S 0 300 50.05 D 92378 D Common Stock 2007-03-20 4 M 0 1000 43.49 A 93378 D Common Stock 2007-03-20 4 S 0 1000 50.07 D 92378 D Common Stock 2434 I Employee 401(k) Plan Employee Stock Option (right to buy) 43.49 2007-03-20 4 M 0 10211 0 D 2011-09-30 Common Stock 10211 32289 D Employee Stock Option (right to buy) 43.49 2007-03-20 4 M 0 1389 0 D 2011-09-30 Common Stock 1389 30900 D Employee Stock Option (right to buy) 43.49 2007-03-20 4 M 0 1600 0 D 2011-09-30 Common Stock 1600 29300 D Employee Stock Option (right to buy) 43.49 2007-03-20 4 M 0 4100 0 D 2011-09-30 Common Stock 4100 25200 D Employee Stock Option (right to buy) 43.49 2007-03-20 4 M 0 2100 0 D 2011-09-30 Common Stock 2100 23100 D Employee Stock Option (right to buy) 43.49 2007-03-20 4 M 0 1900 0 D 2011-09-30 Common Stock 1900 21200 D Employee Stock Option (right to buy) 43.49 2007-03-20 4 M 0 300 0 D 2011-09-30 Common Stock 300 20900 D Employee Stock Option (right to buy) 43.49 2007-03-20 4 M 0 1000 0 D 2011-09-30 Common Stock 1000 19900 D Units based on value of Common Stock Common Stock 795 795 D Units based on value of Common Stock Common Stock 61236 61236 D The options vested in three equal installments on October 1, 2002, 2003, and 2004, and were exercised pursuant to terms of a Rule 10b5-1 tranding plan adopted by the reporting person on March 15, 2007. Management Deferred Compensation Plan units are convertible at a rate of 1 for 1. Units will be settled 100 percent in cash in accordance with the payment schedule selected by the reporting person on his Election Form. The reporting person may reallocate the value of the units in his Deferral Accounts among alternative investment accounts once per calendar month. Includes 41 units acquired between February 2006 and February 2007 through routine dividend reinvestment transactions that are exempt under Rule 16a-11. Performance Share Sub Plan units are convertible at a rate of 1 for 1. Based upon payment schedule selected by the reporting person on his Election Form. Units granted prior to January 1, 2005 will be settled 100 percent in cash. Units granted on or after January 1, 2005 will be settled 100 percent in Common Stock. Includes 3,191 units acquired between April 2006 and February 2007 through routine dividend reinvestment transactions that are exempt under Rule 16a-11. This is the first of three Form 4s covering transactions on March 20, 2007. Peter M. Scott III by Arlene S. Graves pursuant to POA 2007-03-21