FIRSTENERGY CORP — Director's Dealing 2011

Mar 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRSTENERGY CORP (FE)
CIK: 0001031296
Period of Report: 2011-02-25

Reporting Person: EVANSON PAUL J (Executive Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-25	Common Stock	A	986453	—	Acquired	986453	Direct
2011-02-25	Common Stock	A	564	—	Acquired	564	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-25	Stock Options (Right to Buy)	$20.02	A	100050	Acquired	2014-02-18	Common Stock (100050)	Direct
2011-02-25	Stock Options (Right to Buy)	$80.47	A	177754	Acquired	2018-02-22	Common Stock (177754)	Direct
2011-02-25	Stock Options (Right to Buy)	$35.45	A	388544	Acquired	2019-02-27	Common Stock (388544)	Direct
2011-02-25	Restricted Stock Units	$	A	348063	Acquired	2012-12-31	Common Stock (348063)	Direct

Footnotes

F1: Upon completion of the merger pursuant to which Element Merger Sub, Inc., a wholly owned subsidiary of FirstEnergy Corp. ("FirstEnergy"), merged with and into Allegheny Engergy, Inc. ("Allegheny Energy") with Allegheny Energy becoming a wholly owned subsidiary of FirstEnergy (the "Merger"), FirstEnergy issued to Allegheny Energy stockholders 0.667 of a share of FirstEnergy common stock for each share of Allegheny Energy common stock held prior to the merger. On the effective date of the merger, the closing price of FirstEnergy's common stock was $37.75.

F2: Held through the Allegheny Energy, Inc. Employee Stock Ownership and Savings Plan.

F3: Received in the Merger in exchange for employee stock options to acquire shares of Allegheny Energy Common Stock.

F4: Each Restricted Stock Unit represents a contingent right to receive one share of FirstEnergy Common Stock.

F5: Received in the Merger in exchange for employee performance shares to acquire shares of Allegheny Energy Common Stock, based on an exchange ratio of 0.667 of a share of FirstEnergy Common Stock for each share of Allegheny Energy common stock.