FIRSTENERGY CORP — Director's Dealing 2012

Mar 6, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: SCHNEIDER DONALD R (President, FE Solutions)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-02	Common Stock	A	5219	$44.40	Acquired	36329.264	Direct
2012-03-02	Common Stock	C	5092	$44.40	Acquired	41421.264	Direct
2012-03-02	Common Stock	F	3321	$44.40	Disposed	38100.264	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-02	Rsup12	$1.00	C	5092	Disposed	2012-03-02	Common Stock (5092)	Direct
2012-03-06	RSUP17	$1.00	A	6941	Acquired	2015-03-05	Common Stock (6941)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	623.812	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom / Retirement	$1.00		Common Stock (22247.714)	22247.714	Direct
Phantom 3/05d Retirement	$1.00		Common Stock (16925.796)	16925.796	Direct
RSUP14	$1.00	2013-03-08	Common Stock (5829)	5829	Direct
RSUP16	$1.00	2014-03-04	Common Stock (6148)	6148	Direct
Stock Option (Right to Buy)	$37.75	2021-02-25	Common Stock (80257)	80257	Direct

Footnotes

F1: 1 for 1

F2: RSUP12 award listed in Table II has been reported at 50% of the original grant amount, as that 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.

F3: 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.

F4: This transaction reflects the extension and vesting of phantom stock to retirement or other termination of employment under arrangements approved by the Compensation Committee.

F5: 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.