Progress Energy 2009 Annual Report Download - page 193

Progress Energy Proxy Statement
55
NONQUALIFIED DEFERRED COMPENSATION
The table below shows the nonqualified deferred compensation for each of the named executive officers.
Information regarding details of the deferred compensation plans currently in effect can be found under the heading
“Deferred Compensation” in the CD&A on page 39 of this Proxy Statement. In addition, the Deferred Compensation
Plan for Key Management Employees is discussed in footnote 5 to the “Summary Compensation Table.”
Name and Position
(a)
Executive
Contributions
in Last FY1
($)
(b)
Registrant
Contributions
in Last FY2
($)
(c)
Aggregate
Earnings
in Last FY3
($)
(d)
Aggregate
Withdrawals/
Distributions
($)
(e)
Aggregate
Balance
at Last FYE4
($)
(f)
William D. Johnson,
Chairman, President
and Chief Executive Officer $0 $43,582 $76,3535$0 $736,0716
Mark F. Mulhern,
Senior Vice President and Chief
Financial Officer $20,712 $9,682 $30,580 ($32,861)7$325,8768
Jeffrey J. Lyash,
Executive Vice President ± Corporate
Development (formerly President and
Chief Executive Officer, PEF) $0 $12,256 $31,303 $0 $135,1739
Lloyd M. Yates,
President and Chief Executive
Officer, PEC $0 $11,956 $60,701 $0 $499,80410
Paula J. Sims, Senior Vice President ±
Power Operations $107,000 $19,858 $44,241 ($14,115)11 $444,04912
1 Reflects salary deferred under the Management Deferred Compensation Plan, which is reported as “Salary” in the
Summary Compensation Table. For 2009, named executive officers deferred the following percentages of their base salary: (i)
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(MICP) award.
2 Reflects registrant contributions under the Management Deferred Compensation Plan, which is reported as “All Other
Compensation” in the Summary Compensation Table.
3 Includes aggregate earnings in the last fiscal year under the following nonqualified plans: Management Incentive
Compensation Plan, Management Deferred Compensation Plan, Performance Share Sub-Plan, and Deferred Compensation Plan
for Key Management Employees.
4 Includes December 31, 2009 balances under the following deferred compensation plans: Management Incentive
Compensation Plan, Performance Share Sub-Plan, Management Deferred Compensation Plan, and Deferred Compensation Plan
for Key Management Employees.
5 Includes above market earnings of $10,037 under the Deferred Compensation Plan for Key Management Employees,
which is reported as “Change in Pension Value and Nonqualified Deferred Compensation Earnings” in the Summary
Compensation Table.
6 Includes balances under the following deferral plans: Management Deferred Compensation Plan: $413,100;
Management Incentive Compensation Plan: $69,090; and Deferred Compensation Plan for Key Management Employees:
$253,881.
7 Mr. Mulhern received distributions from his Management Incentive Deferred Compensation Plan: $23,077;
Management Deferred Compensation Plan: $0; and Performance Share Sub-Plan: $9,784.