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FIRSTENERGY CORP Director's Dealing 2016

Mar 3, 2016

30195_dirs_2016-03-03_ee1f1407-cc79-433e-8576-ca5205a447dd.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: 2016-03-01

Reporting Person: Pearson James F (EVP & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-03-01 Common Stock M 25181 Acquired 74247.194 Direct
2016-03-01 Common Stock D 6006 Disposed 68241.194 Direct
2016-03-01 Common Stock F 7820 $33.535 Disposed 60421.194 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-03-01 RSUP18 $ M 25181 Disposed Common Stock (25181) Direct
2016-03-01 Phantom 3/16D $ A 6006 Acquired Common Stock (6006) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 35296.267 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom / Retirement $ Common Stock (1560.916) 1560.916 Direct
Phantom 3/14D $ 2017-03-01 Common Stock (278.2) 278.2 Direct
Phantom 3/15D $ Common Stock (729.474) 729.474 Direct

Footnotes

F1: The amount listed in Table II represents the vesting of the RSUP18 award. The award vested on March 1, 2016 and because the performance targets were achieved, the award was paid out at a performance rate of 150%. The shares coded "F" were withheld to cover income tax obligations associated with the payout.

F2: 1 for 1

F3: Includes restricted stock and shares acquired through dividend reinvestment.

F4: This transaction reflects the deferred portion of the RSUP18 award. As a result, the reporting person is reporting the disposition of shares of common stock in exchange for an equal number of shares of phantom stock. The phantom stock becomes payable upon retirement or other termination of employment under arrangements approved by the Compensation Committee.

F5: FE's 401(k) Savings 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) Savings 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.

F6: This holding reflects amounts payable upon retirement or other termination of employment under arrangements approved by the Compensation Committee.

F7: Includes stock units acquired through dividend reinvestment.