Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

FIRSTENERGY CORP Director's Dealing 2017

Feb 22, 2017

30195_dirs_2017-02-22_e18e6819-fe31-48ce-a060-e90646b04476.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRSTENERGY CORP (FE)
CIK: 0001031296
Period of Report: 2017-02-21

Reporting Person: Pearson James F (EVP & CFO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-02-21 RSUP19 $ A 55308 Acquired 2017-03-01 Common Stock (55308) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 62911.692 Direct
Common Stock 37005.233 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom / Retirement $ Common Stock (1631.316) 1631.316 Direct
Phantom 3/15D $ Common Stock (762.375) 762.375 Direct
Phantom 3/16D $ Common Stock (6210.049) 6210.049 Direct
Phantom 3/14D $ Common Stock (290.748) 290.748 Direct

Footnotes

F1: Balance includes restricted stock and shares acquired through dividend reinvestment.

F2: FE's 401(k) Savings 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 January 31, 2017.

F3: 1 for 1

F4: The Board approved the performance results for the performance-adjusted restricted stock unit grant (RSUP19), and this award will vest on March 1, 2017. Performance targets were achieved, so the award will be paid out at a performance rate of 162%.

F5: This holding reflects phantom stock payable in cash upon retirement or other termination of employment under the FirstEnergy Corp. Executive Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of common stock.

F6: Includes stock units acquired through dividend reinvestment.