SEC Form 4 · accession 0001127602-15-010610

FIRSTENERGY CORP · FE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Pres. & Chief Exec. Officer · Director

Period of report

Mar 5, 2015

Accepted (ET)

Mar 9, 2015 · 4:31 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001031296

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Mar 5, 2015	M	11,167	—	A	57,654	D
Common Stock^F1,F2	Mar 5, 2015	A	11,167	—	A	68,821	D
Common Stock^F1,F3	Mar 5, 2015	F	10,654	$34.64	D	58,167	D
Common Stock^F4	holding	—	—		—	17,703	I	By Savings Plan
Common Stock^F4	holding	—	—		—	8,381	I	By Wife's Savings Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
RSUP17^F1,F2	—	Mar 5, 2015	M	11,167	D	Mar 5, 2015	Mar 5, 2015	Common Stock	11,167	0	D
Phantom / Retirement^F6,F2,F5	—	holding	—	—	—	—	—	Common Stock	2,791	2,791	D
Phantom 3/05d Retirement^F6,F2,F7	—	holding	—	—	—	—	—	Common Stock	6,959	6,959	D
RSUP18^F6,F2	—	holding	—	—	—	Mar 1, 2016	Mar 1, 2016	Common Stock	11,473	11,473	D
Stock Option (Right to Buy)	$37.75	holding	—	—	—	Dec 31, 2015	Feb 25, 2021	Common Stock	80,257	80,257	D

F1The amount listed in Table II represents 50% of the original RSUP17 award, which was the minimum amount guaranteed to be paid out upon vesting. The award vested on March 5, 2015 and because the performance targets were achieved, the award was paid out at a performance rate of 100%. The shares coded "A" represent the portion attributable to this performance adjustment. The shares coded "F" were withheld to cover income tax obligations associated with the payout.
F21 for 1
F3Balance includes shares acquired through dividend reinvestment.
F4FE's 401(k) Plan includes a unitized fund invested in FE stock, in which the reporting person may invest, which includes dividend reinvestment and company match features. The number of shares reported as indirectly held in the 401(k) Plan in this row is an estimate of the number of shares of FE's common stock held in the unitized stock fund and allocated to the reporting person's account as of December 31, 2014.
F5This holding reflects the extension and vesting of phantom stock to retirement or other termination of employment under arrangements approved by the Compensation Committee.
F6Includes stock units acquired through dividend reinvestment.
F7This holding reflects the extension of the expiration date of phantom stock from 3/1/2008 to "retirement" under arrangements approved by the Compensation Committee.