X0202 4 2007-05-09 0001094093 PROGRESS ENERGY INC PGN 0001213552 MCARTHUR JOHN R 410 S. WILMINGTON STREET RALEIGH NC 27601 0 1 0 0 Sr. VP of major subsidiary Common Stock 2007-05-09 4 M 0 100 43.80 A 40340 D Common Stock 2007-05-09 4 S 0 100 51.91 D 40240 D Common Stock 2007-05-09 4 M 0 100 43.80 A 40340 D Common Stock 2007-05-09 4 S 0 100 51.93 D 40240 D Common Stock 2007-05-09 4 M 0 1600 43.80 A 41840 D Common Stock 2007-05-09 4 S 0 1600 51.84 D 40240 D Common Stock 2007-05-09 4 M 0 1900 43.80 A 42140 D Common Stock 2007-05-09 4 S 0 1900 51.85 D 40240 D Common Stock 2007-05-09 4 M 0 100 43.80 A 40340 D Common Stock 2007-05-09 4 S 0 100 51.86 D 40240 D Common Stock 2007-05-09 4 M 0 100 43.80 A 40340 D Common Stock 2007-05-09 4 S 0 100 51.87 D 40240 D Common Stock 2007-05-09 4 M 0 2700 43.80 A 42940 D Common Stock 2007-05-09 4 S 0 2700 51.90 D 40240 D Common Stock 2007-05-09 4 M 0 500 43.80 A 40740 D Common Stock 2007-05-09 4 S 0 500 51.96 D 40240 D Common Stock 1792 I Employee 401(k) Plan Employee Stock Option (right to buy) 43.80 2007-05-09 4 M 0 100 0 D 2012-01-31 Common Stock 100 7000 D Employee Stock Option (right to buy) 43.80 2007-05-09 4 M 0 100 0 D 2012-01-31 Common Stock 100 6900 D Employee Stock Option (right to buy) 43.80 2007-05-09 4 M 0 1600 0 D 2012-01-31 Common Stock 1600 5300 D Employee Stock Option (right to buy) 43.80 2007-05-09 4 M 0 1900 0 D 2012-01-31 Common Stock 1900 3400 D Employee Stock Option (right to buy) 43.80 2007-05-09 4 M 0 100 0 D 2012-01-31 Common Stock 100 3300 D Employee Stock Option (right to buy) 43.80 2007-05-09 4 M 0 100 0 D 2012-01-31 Common Stock 100 3200 D Employee Stock Option (right to buy) 43.80 2007-05-09 4 M 0 2700 0 D 2012-01-31 Common Stock 2700 500 D Employee Stock Option (right to buy) 43.80 2007-05-09 4 M 0 500 0 D 2012-01-31 Common Stock 500 0 D Includes 107 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 February 1, 2003, 2004, and 2005. This is the first of two Form 4s covering transactions on May 9, 2007. John R. McArthur by Arlene S. Graves pursuant to POA 2007-05-11