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FIRSTENERGY CORP Director's Dealing 2012

Mar 6, 2012

30195_dirs_2012-03-06_e17a96fc-4df6-4b7e-a45d-fdac633724a4.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: CAVALIER LYNNETTE M (Senior VP, Human Resources)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-03-02 Common Stock C 2999 $44.40 Acquired 71590.25 Direct
2012-03-02 Common Stock A 3073 $44.40 Acquired 74663.25 Direct
2012-03-02 Common Stock F 1956 $44.40 Disposed 72707.25 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-03-02 Rsup12 $1.00 C 2999 Disposed 2012-03-02 Common Stock (2999) Direct
2012-03-06 RSUP17 $1.00 A 4617 Acquired 2015-03-05 Common Stock (4617) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 6092.95 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom / Retirement $1.00 Common Stock (15332.891) 15332.891 Direct
Phantom 3/05d Retirement $1.00 Common Stock (4599.43) 4599.43 Direct
RSUP14 $1.00 2013-03-08 Common Stock (3086) 3086 Direct
RSUP16 $1.00 2014-03-04 Common Stock (3286) 3286 Direct

Footnotes

F1: 1 for 1

F2: This transaction reflects the extension and vesting of phantom stock to retirement or other termination of employment under arrangements approved by the Compensation Committee.

F3: These transactions reflect the extension of the expiration date of phantom stock from 3/1/2008 to "retirement" under arrangements approved by the Compensation Committee and reflect the movement of stock from the Phantom 3/05 account to the "retirement" account.

F4: 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.

F5: 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.