Progress Energy 2009 Annual Report Download - page 196

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PROXY STATEMENT
58
4 Reflects the value of restricted stock and restricted stock units vesting in 2009. The value of the restricted stock
was calculated using the opening stock price for Progress Energy Common Stock three days prior to the day vesting occurred.
The value of the restricted stock units was calculated using the closing stock price for Progress Energy Common Stock on the
business day prior to when vesting occurred.
5 Reflects the value of performance shares vesting on January 1, 2009. The value of the 2007 2-year transitional
performance share units was calculated using the closing stock price for Progress Energy Common Stock on the business day
prior to when distribution occurred.
6 Reflects dividends and dividend equivalents paid as the result of outstanding restricted stock or restricted stock units
held in Company Plan accounts.
7 Reflects the value of any stock options vesting in 2009. Since we ceased granting stock options under our Incentive
Plans in 2004, all outstanding options had fully vested in 2009.
8 Reflects the value of all perquisites provided during 2009. For a complete listing of the perquisites, see the “Executive
Perquisites” section of the “Elements of Compensation” discussion of the CD&A on page 38 of this Proxy Statement. Perquisite
details for each named executive officer are discussed in the Summary Compensation Table footnotes.
9 Reflects the value of tax gross-up related to miscellaneous income items (Supplemental Senior Executive Retirement
Plan (SERP) or Restoration and MDCP 401(k) make-up) provided during 2009. In addition, Mr. Lyash received an additional
$42,569 in tax gross-up from the loss on the sale of his home as disclosed in the Summary Compensation Table footnotes.