X0202 4 2006-03-09 0 0001317577 Pike Electric CORP PEC 0001332103 Merritt John H PIKE ELECTRIC CORPORATION 100 PIKE WAY MOUNT AIRY NC 27030 0 1 0 0 Vice President-Operations Common Stock 2006-03-09 4 S 0 70000 18.75 D 83488 D Option to buy 14 2015-08-01 Common Stock 38690 38690 D Option to buy 3.8 2012-04-18 Common Stock 231378 231378 D Option to buy 6.51 2014-10-21 Common Stock 61904 61904 D These shares of common stock were sold pursuant to a Rule 10b5-1 Sales Plan. These options will vest in equal annual installments over the five-year period following August 1, 2005. Of the 231,378 options held, 174,316 are currently vested and exercisable, and 57,062 will vest on April 18, 2006. Of the 61,904 options held, 26,155 are currently vested and exercisable, 5,219 will vest on October 21, 2006, 15,265 will vest on October 21, 2007 and 15,265 will vest on October 21, 2008. Loretta Hall by power of attorney for John H. Merritt 2006-03-13