Progress Energy 2010 Annual Report Download - page 193

Progress Energy Proxy Statement
55
OPTION EXERCISES AND STOCK VESTED
Option Awards Stock Awards
Name
(a)
Number of
Shares
Acquired
on Exercise
(#)
(b)
Value
Realized
on Exercise
($)
(c)
Number of
Shares
Acquired
on Vesting
(#)
(d)1
Value
Realized
on Vesting
($)
(e)2
William D. Johnson,
Chairman, President and Chief Executive Officer — — 76,448 $3,080,112
Mark F. Mulhern,
Senior Vice President and Chief Financial Officer — — 26,504 $1,064,791
Jeffrey J. Lyash,
Executive Vice President – Energy Supply — — 31,031 $1,248,972
Lloyd M. Yates,
President and Chief Executive Officer, PEC — — 31,006 $1,247,986
John R. McArthur,
Executive Vice President, General Counsel and
Corporate Secretary
— — 30,632 $1,231,050
1 Reflects the number of restricted stock shares, restricted stock units, and performance shares that vested in 2010 for
named executive officers as shown in the table below.
Number of Shares Acquired on Vesting (column (d))
Stock Award Vesting Date Vesting Price William D. Johnson Mark F. Mulhern Jeffrey J. Lyash Lloyd M. Yates John R. McArthur
Performance Shares January 1, 2010 $41.01 43,965 10,644 14,232 14,232 13,229
Restricted Stock March 14, 2010 $38.60 5,533 1,167 1,367 1,367 1,667
Restricted Stock March 15, 2010 $38.60 5,067 — 1,100 1,100 1,434
Restricted Stock March 21, 2010 $39.45 — 3,500 — — —
Restricted Stock Units March 17, 2010 $39.44 9,297 1,868 2,159 2,134 2,328
Restricted Stock Units March 18, 2010 $39.82 7,650 1,136 1,597 1,597 1,497
Restricted Stock Units March 22, 2010 $39.84 4,936 8,189 10,576 10,576 10,477
Total (column (d)) 76,448 26,504 31,031 31,006 30,632
2 The value realized is the sum of the vested shares for each vesting date times the vesting price. Values realized on
vesting during 2010 for named executive officers are shown in the table below:
Value Realized on Vesting (column (e))
Stock Award Vesting Date Vesting Price William D. Johnson Mark F. Mulhern Jeffrey J. Lyash Lloyd M. Yates John R. McArthur
Performance Shares January 1, 2010 $41.01 $1,803,005 $436,510 $583,654 $583,654 $542,521
Restricted Stock March 14, 2010 $38.60 $213,574 $45,046 $52,766 $52,766 $64,346
Restricted Stock March 15, 2010 $38.60 $195,586 — $42,460 $42,460 $55,352
Restricted Stock March 21, 2010 $39.45 — $138,075 — — —
Restricted Stock Units March 17, 2010 $39.44 $366,674 $73,674 $85,151 $84,165 $91,816
Restricted Stock Units March 18, 2010 $39.82 $304,623 $45,236 $63,593 $63,593 $59,611
Restricted Stock Units March 22, 2010 $39.84 $196,650 $326,250 $421,348 $421,348 $417,404
Total (column (e)) $3,080,112 $1,064,791 $1,248,972 $1,247,986 $1,231,050