X0304 4 2012-03-20 0001094093 PROGRESS ENERGY INC PGN 0001365633 Corbett Jeffrey A 410 S. WILMINGTON STREET RALEIGH NC 27601 0 1 0 0 Sr. VP of major subsidiary Common Stock 2012-03-20 4 F 0 900 52.906 D 25857 D Common Stock 6516 I Employee 401(k) Plan Restricted Stock Units that were granted on March 17, 2009, vested on March 17, 2012. Pursuant to the terms of the participant's Restricted Stock Unit Award Agreement, those units were converted to shares of our Common Stock and on March 20, 2012, the number of shares necessary to pay the required taxes was withheld and sold. Includes 2 shares acquired through routine acquisitions of the Company's stock under Progress Energy's 401(k) Plan between January and February 2012. Jeffrey A. Corbett by Holly H. Wenger pursuant to POA 2012-03-22