-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VwQxO+V7FC0uNzHfjiWj2SJLPScc1E8q63XkYVI1nYd6i0k2IRDi2UYhv/gFCi3P IW2aa2oA3uXEvXr4LdQnkA== 0001031296-08-000059.txt : 20080304 0001031296-08-000059.hdr.sgml : 20080304 20080304215034 ACCESSION NUMBER: 0001031296-08-000059 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080303 FILED AS OF DATE: 20080304 DATE AS OF CHANGE: 20080304 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MORGAN STEPHEN E CENTRAL INDEX KEY: 0001283617 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 333-21011 FILM NUMBER: 08665989 BUSINESS ADDRESS: BUSINESS PHONE: 3307614244 MAIL ADDRESS: STREET 1: 76 SOUTH MAIN STREET CITY: AKRON STATE: OH ZIP: 44308 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FIRSTENERGY CORP CENTRAL INDEX KEY: 0001031296 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 341843785 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 BUSINESS PHONE: 330-761-7837 MAIL ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 4 1 doc.xml PRIMARY DOCUMENT X0202 4 2008-03-03 0001031296 FIRSTENERGY CORP FE 0001283617 MORGAN STEPHEN E 76 SOUTH MAIN STREET AKRON OH 44308 0 1 0 0 President Common Stock 2008-03-03 2008-03-03 4 A 0 5000 66.8 A 13591 D Common Stock 2008-03-03 4 A 0 1625 68.52 A 15216 D Common Stock 2008-03-03 4 M 0 2389.49 68.52 A 17605.49 D Common Stock 2008-03-03 2008-03-03 4 F 0 3638 68.52 D 13967.49 D Common Stock 2008-03-03 4 F 0 1767 68.52 D 12200.49 D Common Stock 2008-03-03 2008-03-03 4 S 0 261 66.8 D 0 I By Savings Plan RSUP1 1 2008-03-03 4 M 0 2389.49 68.52 D 2008-03-01 2008-03-01 Common Stock 2389.49 0 D RSUP10 1 2008-03-03 2008-03-03 4 A 0 1707 66.81 A 2011-03-03 2011-03-03 Common Stock 1707 1707 D RSUP4 1 2009-03-01 2009-03-01 Common Stock 1878.181 1878.181 D RSUP6 1 2010-03-01 2010-03-01 Common Stock 1821.711 1821.711 D Stock Options (Right to buy) 29.71 2004-03-01 2013-03-01 Common Stock 7800 7800 D Stock Options (Right to buy) 34.45 2003-04-01 2012-04-01 Common Stock 4000 4000 D Stock Options (Right to buy) 38.76 2005-03-01 2014-03-01 Common Stock 22700 22700 D On February 19, 2008 the Board approved a March 3, 2008 performance-adjusted restricted stock unit grant to Mr. Morgan in the amount of 2,276 shares, of which 75% or 1,707 shares will be payable on March 3, 2011. 569 shares are subject to forfeiture if the performance goals are not met. The full grant can be adjusted upward by an additional 25% if the 3-year goals are achieved. This transaction represents the sale of stock to cover taxes associated with a restricted stock lapse, as directed by a 10b5-1 Plan executed by Stephen Morgan on April 9, 2007. 1 for 1 On February 19, 2008, the Board of Directors approved a restricted stock grant for Mr. Morgan, effective March 3, 2008, in the amount of 5,000 shares, which will vest on March 3, 2011. This transaction was performed in accordance with directives set forth in a 10b5-1 Plan signed by Stephen Morgan on 4/9/2007. The RSUP1 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 performance targets achieved, the award was paid out on March 3, 2008, at a performance-adjusted rate of 125%. The shares coded "A" represent that portion attributable to this performance adjustment. The shares coded "F" were sold to cover income tax obligations associated with the payout. Edward J. Udovich, POA 2008-03-04 -----END PRIVACY-ENHANCED MESSAGE-----