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FIRSTENERGY CORP — Director's Dealing 2015
Mar 9, 2015
30195_dirs_2015-03-09_7ce1e2af-87f7-4311-8282-aee14daf52d3.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: 2015-03-05
Reporting Person: VESPOLI LEILA L (EVP & Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-05 | Common Stock | M | 11857 | — | Acquired | 48985.75 | Direct |
| 2015-03-05 | Common Stock | A | 11858 | — | Acquired | 60843.75 | Direct |
| 2015-03-05 | Common Stock | F | 11313 | $34.64 | Disposed | 49530.75 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-05 | RSUP17 | $ | M | 11857 | Disposed | 2015-03-05 | Common Stock (11857) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3173.053 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom / Retirement | $ | Common Stock (21435.672) | 21435.672 | Direct | |
| Phantom 3/05d Retirement | $ | Common Stock (1346.099) | 1346.099 | Direct | |
| RSUP18 | $ | 2016-03-01 | Common Stock (12182) | 12182 | Direct |
| Stock Options (Right to Buy) | $37.75 | 2021-02-25 | Common Stock (120386) | 120386 | Direct |
Footnotes
F1: The amount listed in Table II represents 50% of the original RSUP17 award, which was the minimum amount guaranteed to be paid out upon vesting. The award vested on March 5, 2015 and because the performance targets were achieved, the award was paid out at a performance rate of 100%. The shares coded "A" represent the portion attributable to this performance adjustment. The shares coded "F" were withheld to cover income tax obligations associated with the payout.
F2: 1 for 1
F3: Balance includes shares acquired through dividend reinvestments.
F4: 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 as of December 31, 2014.
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 3/1/2005 to "retirement" or "other termination of employment" under arrangements approved by the Compensation Committee.