Progress Energy 2010 Annual Report Download - page 189

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Progress Energy Proxy Statement
51
3 Reflects the number of restricted stock units granted during 2010 under the 2007 Equity Incentive Plan. The number
of shares granted was determined by multiplying the executive’s salary as of January 1, 2010, times his 2010 restricted stock
target and dividing by the December 31, 2009, closing stock price of $41.01.
4 Reflects the grant date fair value of the award based on the following assumptions: Market value of restricted stock
granted on March 16, 2010, based on closing price of $39.44 per share, times the shares granted in column (i). Market value of
PSSP granted on March 16, 2010, based on closing stock price on March 16, 2010, of $39.44 times target number of shares in
column (g). The 2010 PSSP grant payout is expected to be 100% of target.