X0304 4 2012-03-21 0001094093 PROGRESS ENERGY INC PGN 0001358752 Sims Paula J 410 S. WILMINGTON STREET RALEIGH NC 27601 0 1 0 0 Sr. Vice President Common Stock 2012-03-21 4 F 0 387 52.971 D 46750 D Common Stock 1756 I Employee 401(k) Plan Restricted Stock Units that were granted on March 20, 2007, vested on March 20, 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 21, 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 February 2012. Paula J. Sims by Holly H. Wenger pursuant to POA 2012-03-22