UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
(X) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Korpan, Richard
One Progress Plaza
St. Petersburg, FL 33701
2. Issuer Name and Ticker or Trading Symbol
Florida Progress Corporation
FPC
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
11/30/00
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
President and Chief Executive Officer
7. Individual or Joint/Group Filing (Check Applicable Line)
( ) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock |11/30/|D |V|75,809 |(D)|(1) |-0- |D | |
|00 | | | | | | | | |
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|11/30/|I |V|3,180(2) |(D)|(1) |-0- |I |By FPC Savings |
|00 | | | | | | | | |
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| | | | | | | | |Plan Trust |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
| | | | | | | | | | | | | | |
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Explanation of Responses:
(1) Disposed of pursuant to share exchange agreement between issuer and CP&L
Energy, Inc. ("CP&L") for $54 cash or CP&L common stock plus one Contingent
Value Obligation in accordance
with exchange election form(s) submitted by the reporting person which are
subject to the allocation rules set forth on pages 75-79 of the joint proxy
statement/prospectus dated July 5, 2000
issued by the issuer and
CP&L.
(2) Represents balance in the issuer's 401(k) plan as of
9/30/00.
SIGNATURE OF REPORTING PERSON
/s/Richard Korpan by Kathleen M. Haley purs. to POA
DATE
12/01/2000
