-----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, MYHkSp25Acg60GxIQphPzUXnoZCGLHmM/UsW1hgDMZyjJMAvHTapFynKh1idMYMm x08LpgzwbCqfWpjwQ9Czfw== 0001031296-08-000061.txt : 20080304 0001031296-08-000061.hdr.sgml : 20080304 20080304215338 ACCESSION NUMBER: 0001031296-08-000061 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: Luff David C CENTRAL INDEX KEY: 0001348383 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 333-21011 FILM NUMBER: 08666001 BUSINESS ADDRESS: BUSINESS PHONE: (330)384-5798 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 0001348383 Luff David C 76 SOUTH MAIN STREET AKRON OH 44308 0 1 0 0 Senior Vice President Common Stock 2008-03-03 2008-03-03 4 M 0 2350 38.76 A 25226 D Common Stock 2008-03-03 4 A 0 724 68.52 A 25950 D Common Stock 2008-03-03 4 M 0 1063.634 68.52 A 27013.634 D Common Stock 2008-03-03 2008-03-03 4 S 0 2350 66.49 D 24663.634 D Common Stock 2008-03-03 4 F 0 826 68.52 D 23837.634 D Common Stock 4246.197 I By State Street Phantom / Retirement 1 Common Stock 402.387 402.387 D Phantom 3/07D 1 2007-03-01 2010-03-01 Common Stock 326.639 326.639 D RSUD2 1 2010-03-01 2010-03-01 Common Stock 989.885 989.885 D RSUP1 1 2008-03-03 4 M 0 1063.634 68.52 D 2008-03-01 2008-03-01 Common Stock 1063.634 0 D RSUP10 1 2008-03-03 2008-03-03 4 A 0 2596 66.81 A 2011-03-03 2011-03-03 Common Stock 2596 2596 D RSUP4 1 2009-03-01 2009-03-01 Common Stock 1497.319 1497.319 D RSUP6 1 2010-03-01 2010-03-01 Common Stock 2262.757 2262.757 D Stock Options (Right to buy) 38.76 2008-03-03 2008-03-03 4 M 0 2350 38.76 D 2008-03-01 2014-03-01 Common Stock 2350 0 D This transaction was performed in accordance with a 10b5-1 Plan signed by David C. Luff on 3/30/06. This transaction reflects the extension and vesting of phantom stock to retirement or other termination of employment under arrangements approved by the Compensation Committee. 1 for 1 On February 19, 2008 the Board approved a March 3, 2008 performance-adjusted restricted stock unit grant to Mr. Luff in the amount of 3,461 shares, of which 75% or 2,596 shares will be payable on March 3, 2011. 865 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. 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-----