AI assistant
FIRSTENERGY CORP — Director's Dealing 2014
Feb 27, 2014
30195_dirs_2014-02-27_2c727b3f-671c-4012-b233-05492688ac5d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FIRSTENERGY CORP (FE)
CIK: 0001031296
Period of Report: 2014-02-25
Reporting Person: JONES CHARLES E (EVP & Pres, FE Utilities)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-25 | Common Stock | A | 3889.9533 | $32.29 | Acquired | 63767.2083 | Direct |
| 2014-02-25 | Common Stock | D | 3889.9533 | $32.29 | Disposed | 59877.255 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 16839.193 | Indirect |
| Common Stock | 8050.883 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom / Retirement | $ | Common Stock (2675.593) | 2675.593 | Direct | |
| Phantom 3/05d Retirement | $ | Common Stock (6670.782) | 6670.782 | Direct | |
| RSUP16 | $ | 2014-03-04 | Common Stock (7552) | 7552 | Direct |
| RSUP17 | $ | 2015-03-05 | Common Stock (10594) | 10594 | Direct |
| RSUP18 | $ | 2016-03-01 | Common Stock (10996) | 10996 | Direct |
| Stock Option (Right to Buy) | $37.75 | 2021-02-25 | Common Stock (80257) | 80257 | Direct |
Footnotes
F1: The Board authorized the cash payout of the 2011 performance shares, no earlier than February 25, 2014, based on the average high and low prices of FirstEnergy's stock on each trading date during the month of December 2013. Based on performance, the amount of the cash payout was increased by 25%.
F2: Balance includes restricted stock and shares acquired through dividend reinvestment.
F3: FE's 401(k) Plan includes a unitized fund invested in FE stock, in which the reporting person may invest, which includes dividend reinvestment and company match features. The number of shares reported as indirectly held in the 401(k) Plan in this row is an estimate of the number of shares of FE's common stock held in the unitized stock fund and allocated to the reporting person's account.
F4: 1 for 1
F5: This holding reflects the extension and vesting of phantom stock to retirement or other termination of employment under arrangements approved by the Compensation Committee.
F6: Includes stock units acquired through dividend reinvestment.
F7: This holding reflects the extension of the expiration date of phantom stock from 3/1/2008 to "retirement" under arrangements approved by the Compensation Committee.