Progress Energy 2009 Annual Report Download - page 191
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Progress Energy Proxy Statement
53
OPTION EXERCISES AND STOCK VESTED
Option Awards Stock Awards
Name
(a)
Number of
Shares
Acquired
on Exercise
(#)
(b)
Value
Realized
on Exercise
($)
(c)
Number of
Shares
Acquired
on Vesting1
(#)
(d)
Value Realized
on Vesting1
($)
(e)
William D. Johnson,
Chairman, President and Chief Executive Officer
— — 55,5972$2,049,258
Mark F. Mulhern,
Senior Vice President and Chief Financial Officer
— — 18,0773$656,906
Jeffrey J. Lyash,
Executive Vice President ± Corporate Development
(formerly President and Chief Executive Officer, PEF)
— — 15,7274$589,337
Lloyd M. Yates,
President and Chief Executive Officer, PEC
— — 16,9275$630,131
Paula J. Sims,
Senior Vice President ± Power Operations
— — 9,1806$358,539
1 Reflects the number of restricted stock shares, restricted stock units, and performance shares that vested in 2009.
Restricted stock units vested for named executive officers on March 18 at $33.80 per share, and performance shares vested
on January 1, 2009 for the 2006 and 2007 2-year transitional grants at $39.85 per share. Restricted stock shares vested on the
following days: (i) March 7 at $33.02 per share; (ii) March 14, 15, and 16 at $31.85 per share; and (iii) April 28 at $33.79 per
share. The value realized is the sum of the vested shares for each vesting date times the vesting price.
2 Includes 15,000 restricted stock awards consisting of the following: 5,533 on March 14; 5,067 on March 15; and
4,400 on March 16. Performance shares totaled 32,947. Restricted stock units totaled 7,650.
3 Includes 8,966 restricted stock awards consisting of the following: 1,166 on March 14; and 7,800 on April 28.
Performance shares totaled 7,976. Restricted stock units totaled 1,135.
4 Includes 3,466 restricted stock awards consisting of the following: 1,366 on March 14; 1,100 on March 15; and 1,000
on March 16. Performance shares totaled 10,665. Restricted stock units totaled 1,596.
5 Includes 4,666 restricted stock awards consisting of the following: 2,200 on March 7; 1,366 on March 14; and 1,100
on March 15. Performance shares totaled 10,665. Restricted stock units totaled 1,596.
6 Performance shares totaled 7,976. Restricted stock units totaled 1,204. Ms. Sims did not have any restricted stock
awards that vested during 2009.