Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

FIRSTENERGY CORP Director's Dealing 2011

Aug 9, 2011

30195_dirs_2011-08-09_efdb4842-dc51-410e-9f12-b3cea696108d.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRSTENERGY CORP (FE)
CIK: 0001031296
Period of Report: 2011-08-05

Reporting Person: JOHNSON JULIA L (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-08-05 Common Stock A 527 $40.8526 Acquired 19035.504 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock $ Common Stock (7153.03) 7153.03 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 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.

F2: Each share of phantom stock is the economic equivalent of one share of FirstEnergy Corp. common stock.

F3: 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.