Option Exercises and Year-End Values - 2005 Proxy Statement - Duke Energy
Duke Energy

Option Exercises and Year-End Values

This table shows aggregate exercises of options during 2004 by the Named Executive Officers and the aggregate year-end value of the unexercised options held by them. The value assigned to each unexercised "in-the-money" stock option is based on the positive spread between the exercise price of the stock option and the closing price of a share of Duke Energy Common Stock as reported on the New York Stock Exchange Composite Transactions Tape on December 31, 2004, which was $25.33. The ultimate value of a stock option will depend on the market value of the underlying shares at the time of exercise.

Aggregated Option/SAR Exercises in Last Fiscal Year and Fiscal Year-End Option/SAR Values
Name Shares Acquired on Exercise (#) Value Realized ($) Number of Securities Underlying Unexercised Options/SARS at
FY-End1 (#)
Value of Unexercised In-the-Money Options/SARS at
FY-End1 ($)
Exercisable/
Unexercisable
Exercisable/
Unexercisable
Paul M. Anderson / 1,100,000 / 8,668,000
Fred J. Fowler 17,106 258,749 888,552 / 180,500 1,018,308 / 1,742,670
Jimmy W. Mogg 346,788 / 86,200 343,578 / 780,300
David L. Hauser 162,425 / 33,775 160,479 / 296,514
Ruth G. Shaw 512,725 / 105,375 360,215 / 953,700

1 Duke Energy has not granted any SARs to the Named Executive Officers or any other persons.