X0202 4 2005-02-17 0000753308 FPL GROUP INC FPL 0001201280 STALL JOHN A FPL GROUP, INC. 700 UNIVERSE BOULEVARD JUNO BEACH FL 33408 0 0 0 1 Dir/Snr VP Nuclear Div of Sub Common Stock 1409 I By Thrift Plans Trust Common Stock 2005-02-17 4 A 0 3809 0 A 44284 D Phantom Shares 2005-02-17 4 A 0 169 A Common Stock 628 D Employee Stock Option (Right to Buy) Common Stock 25000 D Employee Stock Option (Right to Buy) Common Stock 25000 D Employee Stock Option (Right to Buy) Common Stock 25000 D Employee Stock Option (Right to Buy) Common Stock 15000 D Reporting person deferred receipt of these shares acquired in settlement of performance share awards (which were not derivative securities) under Amended and Restated Long Term Incentive Plan of Issuer, exempt under Rule 16b-3, until his retirement. Not applicable. Includes 11,838 shares deferred until the reporting person's retirement. Phantom shares credited to a Supplemental Matching Contribution Account for the reporting person pursuant to the FPL Group, Inc. Supplemental Executive Retirement Plan. Phantom shares represent the number of phantom shares of FPL Group, Inc. common stock credited to the reporting person if the phantom shares had been invested in FPL Group's company stock fund in its Thrift Plan during fiscal year 2004 based on share prices ranging from $60.97 to $75.95. Amount shown constitutes the difference between the balance at 12/31/04 and the balance at 12/31/03. Includes cash dividends that would be payable on the phantom shares if the reporting person was the record holder of the number of shares of FPL Group, Inc. common stock equal to the phantom shares. Shares of phantom stock are payable in cash following the reporting person's termination of employment with FPL Group, Inc. This filing is not an admission that the phantom shares are derivative securities. On February 11, 2002, the reporting person was granted an option to purchase 25,000 shares of FPL Group, Inc. common stock with an exercise price of $52.64 per share. The option (i) is fully vested and (ii) expires on February 11, 2012. On February 13, 2003, the reporting person was granted an option to purchase 25,000 shares of FPL Group, Inc. common stock with an exercise price of $55.12 per share. The option (i) vests as to 8,334 shares (on a cumulative basis) on each anniversary of the date of grant beginning on the first anniversary of the date of grant and (ii) expires on February 13, 2013. On February 12, 2004, the reporting person was granted an option to purchase 25,000 shares of FPL Group, Inc. common stock with an exercise price of $64.92 per share. The option (i) vests as to 8,334 shares (on a cumulative basis) on each anniversary of the date of grant beginning on the first anniversary of the date of grant and (ii) expires on February 12, 2014. On January 3, 2005, the reporting person was granted an option to purchase 15,000 shares of FPL Group, Inc. common stock with an exercise price of $73.90 per share. The option (i) vests as to 5,000 shares (on a cumulative basis) on each anniversary of the date of grant beginning on the first anniversary of the date of grant and (ii) expires on January 3, 2015. DENNIS P. COYLE (Attorney-in-Fact) 2005-02-17