SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
WAGNER HARVEY L

(Last) (First) (Middle)
76 SOUTH MAIN STREET

(Street)
AKRON OH 44308

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIRSTENERGY CORP [ FE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice Pres & Controller
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/01/2010 C 2,286(2) A $39.02 4,585.097 D
Common Stock 03/01/2010 F 652(2) D $39.02 3,933.097 D
Common Stock 03/01/2010 C 647(3) A $39.01 4,580.097 D
Common Stock 03/01/2010 A 228(3) A $39.01 4,808.097 D
Common Stock 03/01/2010 F 282(3) D $39.01 4,526.097 D
Common Stock 03/01/2010 C 1,722(4) A $39.01 6,248.097 D
Common Stock 03/01/2010 A 1,190(4) A $39.01 7,438.097 D
Common Stock 03/01/2010 F 938(4) D $39.01 6,500.097 D
Common Stock 1,171.864 I By Savings Plan Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom 3/07d $1(1) 03/01/2010 C 2,286(2) 03/01/2007 03/01/2010 Common Stock 2,286 $0 0 D
Rsud2 $1(1) 03/01/2010 C 647(3) 03/01/2010 03/01/2010 Common Stock 647 $0 0 D
Rsup6 $1(1) 03/01/2010 C 1,722(4) 03/01/2010 03/01/2010 Common Stock 1,722 $0 0 D
Explanation of Responses:
1. 1 for 1
2. These transactions reflect the conversion of stock originally deferred for three years, and held in the Phantom 3/07 account, to directly-held common stock. Shares were withheld to cover tax obligations. Pursuant to his 10b5-1 Plan dated 8/13/2009.
3. RSUD2 award listed in Table II has been reported at 75% of the original grant amount. The award was paid out on 3/1/2010 at 100%. The shares coded F were withheld income taxes associated with the payout. This was done pursuant to a 10b5-1 plan dated 8/13/2009.
4. RSUP6 award listed in Table II has been reported at 75% of the original grant amount, as that represents the minimum amount guaranteed to be paid out upon vesting. Because of the performance targets achieved, the award was paid out on March 1, 2010, at a performance-rate of 125%. The shares coded "A" represent that portion attributable to this performance adjustment. The shares coded "F" were withheld to cover income tax obligations associated with the payout. Pursuant to his 10b5-1 Plan dated 8/13/09.
Edward J. Udovich, POA 03/03/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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