X0303 4 2009-03-24 0001094093 PROGRESS ENERGY INC PGN 0001267185 LYASH JEFFREY J 299 FIRST AVENUE NORTH ST. PETERSBURG FL 33701 0 1 0 0 President & CEO of major sub. Common Stock 2009-03-24 4 F 0 2787 35.7587 D 46030 D Common Stock 5951 I Employee 401(k) Plan On March 17, 2009 the Organization and Compensation Committee approved a payout of performance units granted on March 20, 2007 under the Company's Performance Share Sub-Plan (PSSP). The number of units payable pursuant to the 2007 grant was determined in accordance with the PSSP on March 17, 2009. Pursuant to the terms of the PSSP, those units were converted to shares of our Common Stock and on March 24, 2009, the number of shares necessary to pay the required taxes was withheld and sold. Includes 451 shares acquired through routine acquisitions of the Company's stock under Progress Energy's 401(k) Plan between July 2008 and February 2009. Jeffrey J. Lyash by Arlene S. Graves pursuant to POA 2009-03-26