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FIRSTENERGY CORP Director's Dealing 2012

Mar 6, 2012

30195_dirs_2012-03-06_e60ab839-8fd2-41e0-9a0b-d02a7695c920.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: WAGNER HARVEY L (Vice Pres. Controller & CAO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-03-02 Common Stock C 1845 $44.40 Acquired 10696.348 Direct
2012-03-02 Common Stock A 1890 $44.40 Acquired 12586.348 Direct
2012-03-02 Common Stock F 1203 $44.40 Disposed 11383.348 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-03-02 Rsup12 $1.00 C 1845 Disposed 2012-03-02 Common Stock (1845) Direct
2012-03-06 RSUP17 $1.00 A 3141 Acquired 2015-03-05 Common Stock (3141) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2065.742 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom 3/11d $ 2014-03-01 Common Stock (2041.791) 2041.791 Direct
Phantom3/10d $1.00 2013-03-01 Common Stock (1380.9) 1380.9 Direct
RSUP14 $1.00 2013-03-08 Common Stock (1877) 1877 Direct
RSUP16 $1.00 2014-03-04 Common Stock (2001) 2001 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.