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FIRSTENERGY CORP — Director's Dealing 2016
Feb 18, 2016
30195_dirs_2016-02-18_d70990ec-adde-4d76-8721-29c216fd9712.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: 2016-02-16
Reporting Person: VESPOLI LEILA L (EVP & Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-16 | Common Stock | A | 3099.4975 | $31.91 | Acquired | 54419.8025 | Direct |
| 2016-02-16 | Common Stock | D | 3099.4975 | $31.91 | Disposed | 51320.305 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-16 | RSUP18 | $ | A | 25431 | Acquired | 2016-03-01 | Common Stock (25431) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3539.652 | Indirect |
Footnotes
F1: The Board authorized the cash payout of the 2013 - 2015 cycle of performance shares, no earlier than February 18, 2016, based on the high and low prices of FirstEnergy's stock for the month of December 2015. Based on performance, the amount of the cash payout was decreased to 25% of the original award amount.
F2: Balance includes 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, and 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, 2015.
F4: 1 for 1
F5: The RSUP18 award was granted on March 8, 2013. Fifty percent of the target amount of the RSUP18 award will vest upon the satisfaction of service requirements, regardless of the achievement of performance goals, and was previously reported in connection with the granting of the award. Due to performance goals achieved, the number of RSUs under the award has been increased to 150% of the original target amount. Restricted stock units, coded "A", represent that portion of the award that was not previously reported. Amounts also reflect dividend reinvestment. RSUP18 will vest on March 1, 2016.