SEC Form 4 · accession 0001127602-18-010065
FIRSTENERGY CORP · FE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon Taylor K.
Officer — VP, Controller & CAO
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 4:24 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,F2,F3 | Mar 1, 2018 | M | 7,725 | — | A | 15,703 | D | |
| Common StockF1,F3 | Mar 1, 2018 | D | 7,725 | $32.4825 | D | 7,978 | D | |
| Common StockF4,F2,F3 | Mar 1, 2018 | M | 15,449 | — | A | 23,427 | D | |
| Common StockF5,F3 | Mar 1, 2018 | D | 4,710 | — | D | 18,717 | D | |
| Common StockF4,F3 | Mar 1, 2018 | F | 3,427 | $32.4825 | D | 15,290 | D | |
| Common StockF6 | holding | — | — | — | 2,565 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RSUC15F2,F7,F1 | — | Mar 1, 2018 | M | 7,725 | D | — | — | Common Stock | 7,725 | 0 | D |
| RSUS15F2,F7,F4 | — | Mar 1, 2018 | M | 15,449 | D | — | — | Common Stock | 15,449 | 0 | D |
| Phantom 3/18DF5,F7,F8 | — | Mar 1, 2018 | A | 4,710 | A | — | — | Common Stock | 4,710 | 4,710 | D |
Explanation of responses
- F1Represents the vesting of the RSUC15 award. The award vested on March 1, 2018. Amounts also include dividend reinvestment.
- F21 for 1. The RSUS15 and RSUC15 awards were previously granted for $0.00 under the FirstEnergy Corp. 2007 Incentive Plan.
- F3Balance includes shares acquired through dividend reinvestment.
- F4Represents the vesting of the RSUS15 award. The award vested on March 1, 2018. The shares coded "F" were automatically withheld to cover tax obligations associated with the payout. Amounts also include dividend reinvestment.
- F5This transaction reflects the deferral of the RSUS15 award. As a result, the reporting person is reporting the disposition of shares of common stock in exchange for an equal number of shares of phantom stock described below.
- F6FE'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, 2018.
- F71 for 1
- F8This holding reflects phantom stock payable in cash upon retirement or other termination of employment under the FirstEnergy Corp. Amended and Restated Executive Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of common stock.