X0304 4 2012-02-28 0001094093 PROGRESS ENERGY INC PGN 0001358752 Sims Paula J 410 S. WILMINGTON STREET RALEIGH NC 27601 0 1 0 0 Senior Vice President Common Stock 2012-02-28 4 F 0 1796 53.677 D 47501 D Common Stock 1756 I Employee 401(k) Plan On February 22, 2012 the Organization and Compensation Committee approved a payout of performance units granted on March 17, 2009 under the Company's Performance Share Sub-Plan (PSSP). The number of units payable pursuant to the 2009 grant was determined in accordance with the PSSP on February 22, 2012. Pursuant to the terms of the PSSP, those units were converted to shares of our Common Stock and on February 28, 2012, the number of shares necessary to pay the required taxes was withheld and sold. Includes 67 shares acquired through routine acquisitions of the Company's stock under Progress Energy's 401(k) Plan between March 2011 and January 2012. Paula J. Sims by Holly H. Wenger pursuant to POA 2012-02-29