FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Slater Anthony Kane 		2. Issuer Name and Ticker or Trading Symbol

Pike Electric CORP [ PEC ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Financial Officer
(Last)          (First)          (Middle)

100 PIKE WAY, PO BOX 868 		3. Date of Earliest Transaction (MM/DD/YYYY)

4/29/2009
(Street)

MOUNT AIRY, NC 27030
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   4/29/2009     A    15000   (1) A $0   36394   (2) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to buy   $14.25                     (3) 10/1/2018   Common Stock   25031     25031   D    
Option to buy   $16.16                     (4) 5/1/2018   Common Stock   20000     20000   D    
Option to buy   $18.41                     (5) 11/1/2016   Common Stock   10000     10000   D    
Option to buy   $18.41                     (6) 11/1/2016   Common Stock   30000     30000   D    
Option to buy   $18.18                     (7) 8/1/2016   Common Stock   30000     30000   D    

Explanation of Responses:
( 1)  These shares were issued pursuant to the Restricted Share Award Agreement dated April 29, 2009, between the Issuer and Mr. Slater.
( 2)  All of these shares are restricted common stock and vest as follows: 3,131 shares on September 24, 2009; 2,000 shares on October 4, 2009; 5,000 shares on April 29, 2010; 3,131 shares on September 24, 2010; 5,000 shares on April 29, 2011; 5,000 shares on August 1, 2011; 3,132 shares on September 24, 2011; 5,000 shares on October 10, 2011; and 5,000 shares on April 29, 2012.
( 3)  These options vest in equal annual installments on October 1 of each of 2009, 2010 and 2011.
( 4)  These options vest in equal annual installments on May 1 of each of 2009, 2010 and 2011.
( 5)  These options vest in equal annual installments on November 1 of each of 2007, 2008, and 2009.
( 6)  These options vest in equal annual installments on November 1 of each of 2007, 2008, 2009, 2010 and 2011.
( 7)  These options vest in equal annual installments on August 1 of each of 2007, 2008, 2009, 2010 and 2011.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Slater Anthony Kane
100 PIKE WAY
PO BOX 868
MOUNT AIRY, NC 27030

Chief Financial Officer

Signatures
/s/ James R. Wyche by power of attorney for Anthony K. Slater 5/1/2009
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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