FIRSTENERGY CORP — Director's Dealing 2020

Mar 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRSTENERGY CORP (FE)
CIK: 0001031296
Period of Report: 2020-02-29

Reporting Person: Lisowski Jason (VP, Controller & CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-01	Common Stock	M	4538.231	—	Acquired	7996.005	Direct
2020-03-01	Common Stock	D	4318.127	—	Disposed	3677.878	Direct
2020-03-01	Common Stock	F	220.104	$44.40	Disposed	3457.774	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-29	Phantom 3/20D	$	A	178.427	Acquired		Common Stock (178.427)	Direct
2020-03-01	TA18	$	M	4538.231	Disposed		Common Stock (4538.231)	Direct
2020-03-01	Phantom 3/20D	$	A	4318.127	Acquired		Common Stock (4318.127)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2433.485	Indirect

Footnotes

F1: Represents the vesting of the TA18 award. The award vested on March 1, 2020. The shares coded "F" were automatically withheld to cover tax obligations associated with the payout. Amounts also include dividend reinvestment.

F2: 1 for 1. The TA18 award was previously granted for $0.00 under the FirstEnergy Corp. 2015 Incentive Compensation Plan.

F3: Balance includes shares acquired through dividend reinvestment.

F4: This transaction represents the deferral of the TA18 award. As a result, the reporting person is reporting the disposition of common stock in exchange for an equal number of shares of phantom stock described below.

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) 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, 2019.

F6: 1 for 1

F7: The phantom stock represents a portion of a Short-Term Incentive Program award earned on February 21, 2020 and deferred under the FirstEnergy Corp. Amended and Restated Executive Deferred Compensation Plan, which becomes payable in cash upon retirement or other termination of employment. Each share of phantom stock is the economic equivalent of one share of FirstEnergy Corp. common stock.

F8: This holding reflects phantom stock payable in cash upon retirement or other termination of employment under the FirstEnergy Corp. Amended and Restated Executive Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of common stock.