X0202 4 2007-02-15 0000753308 FPL GROUP INC FPL 0001219613 CUTLER PAUL I FPL GROUP, INC. 700 UNIVERSE BOULEVARD JUNO BEACH FL 33408 0 1 0 1 Treasurer Treasurer of Sub Common Stock 2007-02-15 4 F 0 407 59.05 D 9528 D Common Stock 2007-02-15 4 A 0 1961 0 A 11489 D Common Stock 2007-02-15 4 A 0 3929 0 A 15418 D Common Stock 2007-02-15 4 F 0 1040 59.05 D 14378 D Common Stock 9281 I By Thrift Plans Trust Phantom Shares 2007-02-15 4 A 0 109 A Common Stock 121 D Employee Stock Option (Right to Buy) 19.06 2010-02-28 Common Stock 5000 5000 D Employee Stock Option (Right to Buy) 32.57 2011-02-28 Common Stock 7600 7600 D Employee Stock Option (Right to Buy) 27.31 2012-03-04 Common Stock 12000 12000 D Employee Stock Option (Right to Buy) 28.38 2013-03-04 Common Stock 12000 12000 D Employee Stock Option (Right to Buy) 32.46 2014-02-12 Common Stock 10000 10000 D Employee Stock Option (Right to Buy) 36.95 2015-01-03 Common Stock 8000 8000 D Employee Stock Option (Right to Buy) 41.76 2016-02-16 Common Stock 7000 7000 D Employee Stock Option (Right to Buy) 59.05 2007-02-15 4 A 0 4903 0 A 2017-02-15 Common Stock 4903 4903 D Restricted stock withheld by Issuer to satisfy tax withholding obligations on vesting of restricted stock granted February 12, 2004 and February 16, 2006. Restricted stock grant made pursuant to Issuer's Amended and Restated Long Term Incentive Plan, exempt under Rule 16b-3. Shares acquired in settlement of performance share awards (which were not derivative securities) under Issuer's Amended and Restated Long Term Incentive Plan, exempt under Rule 16b-3. Stock withheld by Issuer to satisfy tax withholding obligations on shares acquired February 15, 2007 in settlement of performance share awards. Phantom shares are annually credited to an unfunded Supplemental Matching Contribution Account ("SMCA") for the reporting person pursuant to the FPL Group, Inc. Supplemental Executive Retirement Plan in an amount approved on the transaction date by the Issuer's Compensation Committee, which amount is determined by dividing an amount equal to (a) certain matching contributions in excess of the limits of the Issuer's Thrift Plan ("Thrift Plan") plus (b) theoretical earnings, by (c) the closing price of the Issuer's common stock on the last business day of the relevant year ($54.42 in 2006). The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries. Options are currently exercisable. Options to buy 5,334 shares are currently exercisable and options to buy 2,666 shares become exercisable on 1/3/2008. Options to buy 2,333 shares are currently exercisable, options to buy 2,333 shares become exercisable on 02/16/2008 and options to buy 2,334 shares beome exercisable on 02/16/2009. Options to buy 1,635 shares become exercisable on 02/15/2008 and options to buy 1,634 shares become exercisable on each of 02/15/2009 and 02/15/2010. Not applicable Alissa E. Ballot (Attorney-in-Fact) 2007-02-20