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 2012

Nov 16, 2012

30195_dirs_2012-11-16_47e54c95-c028-424f-ab3a-08c39bbaf5e3.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: 2012-11-14

Reporting Person: JOHNSON JULIA L (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-11-14 Phantom Stock Units $ A 731 Acquired Common Stock (731) Indirect
2012-11-15 Phantom Stock Units $ A 490 Acquired Common Stock (490) Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5211.719 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock $ Common Stock (7604.454) 7604.454 Direct
Phantom Stock Units $ Common Stock (15426.529) 15426.529 Direct

Footnotes

F1: Share balance that, through administrative error, was incorrectly reflected on Form 4 dated 8/14/12 has been revised.

F2: 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.

F3: 1 for 1

F4: In accordance with the terms and conditions of the FirstEnergy Corp. Compensation Plan for Outside Directors.

F5: Each share of phantom stock is the economic equivalent of one share of FirstEnergy Corp. common stock.

F6: 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.

F7: Represents shares underlying deferred share units deferred under the Allegheny Energy, Inc. Amended and Restated Revised Plan for Deferral of Compensation of Directors.