FIRSTENERGY CORP — Director's Dealing 2011

Mar 17, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRSTENERGY CORP (FE)
CIK: 0001031296
Period of Report: 2011-03-15

Reporting Person: JOHNSON JULIA L (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-15	Phantom Stock	$	A	106.467	Acquired		Common Stock (106.467)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17801.087	Direct

Footnotes

F1: Each share of phantom stock is the economic equivalent of one share of FirstEnergy Corp. common stock.

F2: The phantom stock units were converted upon the FirstEnergy Corp./Allegheny Energy, Inc. merger based on an exchange ratio of 0.667 of a share of FirstEnergy Corp. common stock for each share of Allegheny Enercy, Inc. common stock and are payable in cash upon separation/termination from FirstEnergy Corp. Board.

F3: In accordance with the terms and conditions of the Allegheny Energy, Inc. Amended and Restated Revised Plan for Deferral of Compensation of Directors.

F4: 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 Energy, 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.