SEC Form 4 · accession 0001127602-17-007659
FIRSTENERGY CORP · FE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Dowling
Officer — Sr VP, External Affairs
Period of report
Feb 21, 2017
Accepted (ET)
Feb 22, 2017 · 3:48 pm EST
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 StockF1 | holding | — | — | — | 33,734 | D | ||
| Common StockF2 | holding | — | — | — | 2,255 | I | By Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RSUP19F4,F3 | — | Feb 21, 2017 | A | 14,955 | A | Mar 1, 2017 | Mar 1, 2017 | Common Stock | 14,955 | 14,955 | D |
| Phantom / RetirementF6,F3,F5 | — | holding | — | — | — | — | — | Common Stock | 425 | 425 | D |
| Phantom 3/16DF6,F3,F5 | — | holding | — | — | — | — | — | Common Stock | 1,889 | 1,889 | D |
Explanation of responses
- F1Balance includes restricted stock and shares acquired through dividend reinvestment.
- F2FE's 401(k) Savings Plan includes a unitized fund invested in FE stock, in which the reporting person may invest, and 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 January 31, 2017.
- F31 for 1
- F4The Board approved the performance results for the performance-adjusted restricted stock unit grant (RSUP19), and this award will vest on March 1, 2017. Performance targets were achieved, so the award will be paid out at a performance rate of 162%.
- F5This holding reflects phantom stock payable in cash upon retirement or other termination of employment under the FirstEnergy Corp. Executive Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of common stock.
- F6Includes stock units acquired through dividend reinvestment.