X0202 4 2007-05-09 0001094093 PROGRESS ENERGY INC PGN 0001183048 JOHNSON WILLIAM D 410 S. WILMINGTON STREET RALEIGH NC 27601 0 1 0 0 President and COO Common Stock 2007-05-09 4 M 0 42500 43.49 A 149851 D Common Stock 2007-05-09 4 S 0 42500 52.15 D 107351 D Common Stock 2007-05-09 4 M 0 50500 41.97 A 157851 D Common Stock 2007-05-09 4 S 0 50500 52.15 D 107351 D Common Stock 5946 I Employee 401(k) Plan Employee Stock Option (right to buy) 43.49 2007-05-09 4 M 0 42500 0 D 2011-09-30 Common Stock 42500 0 D Employee Stock Option (right to buy) 41.97 2007-05-09 4 M 0 50500 0 D 2012-09-30 Common Stock 50500 0 D Units based on value of Common Stock Common Stock 897 897 D Units based on value of Common Stock Common Stock 1450 1450 D Includes 116 shares acquired through routine acquisitions of the Company's stock under Progress Energy's 401(k) Plan between February and May 2007. The options vested in three equal installments on October 1, 2002, 2003, and 2004. The options vested in three equal installments on October 1, 2003, 2004, and 2005. 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 56 units acquired between February 2006 and May 2007 through routine dividend reinvestment transactions that are exempt under Rule 16a-11. Management Incentive Compensation 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 will be settled 100 percent in cash in accordance with schedule provided in the Plan. Includes 91 units acquired between February 2006 and May 2007 through routine dividend reinvestment transactions that are exempt under Rule 16a-11. William D. Johnson by Arlene S. Graves pursuant to POA 2007-05-11