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FIRSTENERGY CORP Director's Dealing 2012

Mar 6, 2012

30195_dirs_2012-03-06_752bca75-4bdf-4844-9079-cd14d8089a07.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRSTENERGY CORP (FE)
CIK: 0001031296
Period of Report: 2012-03-02

Reporting Person: Lash James H (President FE Generation)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-03-02 Common Stock C 2782 $44.40 Acquired 48747.638 Direct
2012-03-02 Common Stock A 1357 $44.40 Acquired 50104.638 Direct
2012-03-02 Common Stock F 1333 $44.40 Disposed 48771.638 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-03-02 Rsup12 $ C 2782 Disposed 2012-03-02 Common Stock (2782) Direct
2012-03-06 RSUP17 $1.00 A 7341 Acquired 2015-03-05 Common Stock (7341) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 368.285 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom / Retirement $ Common Stock (10968.485) 10968.485 Direct
Phantom 3/05d Retirement $ Common Stock (4050.467) 4050.467 Direct
RSUP14 $ 2013-03-08 Common Stock (4530) 4530 Direct
RSUP16 $1.00 2014-03-04 Common Stock (5835) 5835 Direct
Stock Options (Right to Buy) $34.45 2012-04-01 Common Stock (3750) 3750 Direct
Stock Options (Right to Buy) $29.71 2013-03-01 Common Stock (5925) 5925 Direct
Stock Options (Right to Buy) $38.76 2014-03-01 Common Stock (8000) 8000 Direct
Stock Options (Right to Buy) $37.75 2021-02-25 Common Stock (80257) 80257 Direct

Footnotes

F1: 1 for 1

F2: This transaction is a performance-adjusted restricted stock unit grant (RSUP17) of which 50% is reflected in Table II. Of the total shares granted, 50% of the shares are subject to forfeiture if the performance goals are not met. The full grant can be adjusted upward by an additional 50% if the 3-year goals are achieved.

F3: This transaction reflects the extension and vesting of phantom stock to retirement or other termination of employment under arrangements approved by the Compensation Committee.

F4: These transactions reflect the extension of the expiration date of phantom stock from 3/1/2005 to "retirement" or "other termination of employment" under arrangements approved by the Compensation Committee, and reflects the stock moving to the "retirement" account from the Phantom 3/02D.

F5: RSUP12 award listed in Table II was inadvertently reported at a higher percentage of the original grant amount instead of at 50%, which represents the minimum amount guaranteed to be paid out upon vesting. Because of the performance targets achieved, the award was paid out on March 2, 2012, at a performance-rate of 100%. The shares coded "A" represent that portion attributable to this performance adjustment. The shares coded "F" were withheld to cover income tax obligations associated with the payout.