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FIRSTENERGY CORP — Director's Dealing 2024
Mar 6, 2024
30195_dirs_2024-03-05_be56fe91-226f-4578-9e98-d1d1aad3e738.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: 2024-03-01
Reporting Person: Thomas Toby L. (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-01 | Common Stock | A | 7866 | — | Acquired | 16004 | Direct |
| 2024-03-01 | Common Stock | F | 2461 | $36.305 | Disposed | 13543 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-01 | RSU | $ | M | 7866 | Disposed | Common Stock (7866) | Direct |
Footnotes
F1: This Form 4 is being filed to report the vesting, and automatic withholding for tax purposes, of performance-adjusted restricted stock units ("RSUs"), each of which represents a contingent right to receive an award payable in shares of common stock of FirstEnergy Corp. (the "Company") following the vesting date. The satisfaction of the performance goals for the RSUs were certified by the Company's Board of Directors on February 7, 2024, as previously reported on a Form 4 filed on February 9, 2024, and the RSUs vested on March 1, 2024.
F2: The RSUs were granted under the FirstEnergy Corp. 2020 Incentive Compensation Plan and, therefore, the reporting person paid no price for the RSUs.
F3: Represents shares of common stock of the Company automatically withheld to cover tax obligations associated with the vesting of the RSUs described in footnote 1, which transaction is exempt under Rule 16b-3.