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FIRSTENERGY CORP Director's Dealing 2012

Mar 5, 2012

30195_dirs_2012-03-05_b1ff0050-4f1c-4086-ad32-e729dec3e48c.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: Kleisner Theodore J (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-03-02 Phantom Stock Units $ A 688 Acquired Common Stock (688) Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 11339 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock $ Common Stock (442.15) 442.15 Direct
Phantom Stock Units $ Common Stock (7812.246) 7812.246 Direct

Footnotes

F1: 1 for 1

F2: In accordance with the terms and conditions of the FirstEnergy Corp. Compensation Plan for Outside Directors.

F3: 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.

F4: Each share of phantom stock is the economic equivalent of one share of FirstEnergy Corp. common stock.

F5: The phantom stock units were converted upon the FirstEnergy Corp./Allegheny, Inc., merger based on an exchange ratio of 0.667 of a share of FirstEnergy Corp. common stock for each share of Allegheny Energy Inc., common stock and are payable in cash upon separation/termination from FirstEnergy Corp. Board.

F6: Represents shares underlying deferred share units deferred under the Allegheny Energy, Inc. Amended and Restated Revised Plan for Deferral of Compensation of Directors. To conform with reporting practices of deferred compensation at FirstEnergy Corp., the shares have been moved from Table I to Table II.