-----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, JD48MZ9H3VwUJIQ4LV03Ye8j1uaRa5M8TxFVhJ3b+ncY82x5Qir7aie2V7s+dKmB WC9dwQXCPC6bUz5hu66ttA== 0001031296-08-000076.txt : 20080305 0001031296-08-000076.hdr.sgml : 20080305 20080305141627 ACCESSION NUMBER: 0001031296-08-000076 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080303 FILED AS OF DATE: 20080305 DATE AS OF CHANGE: 20080305 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MARSH RICHARD H CENTRAL INDEX KEY: 0001127142 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 333-21011 FILM NUMBER: 08667302 BUSINESS ADDRESS: BUSINESS PHONE: 3307614264 MAIL ADDRESS: STREET 1: C/O FIRSTENERGY CORP STREET 2: 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 0001127142 MARSH RICHARD H 76 SOUTH MAIN STREET AKRON OH 44308 0 1 0 0 Sr. Vice Pres. & Chief Fin. Of Common Stock 2008-03-03 2008-03-03 4 M 0 12825 38.76 A 13504.218 D Common Stock 2008-03-03 4 A 0 2860 68.52 A 16364.218 D Common Stock 2008-03-03 4 M 0 4204.551 68.52 A 20568.769 D Common Stock 2008-03-03 2008-03-03 4 S 0 12825 66.4 D 7743.769 D Common Stock 2008-03-03 4 F 0 3229 68.52 D 4514.769 D Common Stock 64.557 I By Savings Plan Trust Phantom / Retirement 1 2008-03-03 4 A 0 3543.17 67.59 A Common Stock 3543.17 16068.707 D Phantom 3/05D 1 2008-03-03 4 M 0 3543.17 67.59 D 2005-02-25 2008-03-01 Common Stock 3543.17 1842.505 D Phantom 3/06D 1 2006-03-02 2009-03-02 Common Stock 3745.178 3745.178 D Phantom 3/07D 1 2007-03-01 2010-03-01 Common Stock 10890.65 10890.65 D RSUD5 1 2011-03-01 2011-03-01 Common Stock 3887.803 3887.803 D RSUP1 1 2008-03-03 4 M 0 4204.551 68.52 D 2008-03-01 2008-03-01 Common Stock 4204.551 0 D RSUP10 1 2008-03-03 2008-03-03 4 A 0 5837 66.81 A 2011-03-03 2011-03-03 Common Stock 5837 5837 D RSUP4 1 2009-03-01 2009-03-01 Common Stock 4750.879 4750.879 D RSUP6 1 2010-03-01 2010-03-01 Common Stock 5712.119 5712.119 D Stock Options (Right to buy) 38.76 2008-03-03 2008-03-03 4 M 0 12825 38.76 D 2008-03-01 2014-03-01 Common Stock 12825 0 D This transaction was performed in accordance with a 10b5-1 Plan signed by Richard H. Marsh on 8/21/06. This transaction reflects the extension and vesting of phantom stock to retirement or other termination of employment under arrangements approved by the Compensation Committee. On February 19, 2008 the Board approved a March 3, 2008 performance-adjusted restricted stock unit grant to Mr. Marsh in the amount of 7,782 shares, of which 75% or 5,837 shares will be payable on March 3, 2011. 1,945 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. 1 for 1 These transactions reflect the extension of the expiration date of phantom stock from 3/1/2008 to "retirement" under arrangements approved by the Compensation Committee and reflect the movement of stock from the Phantom 3/05 account to the "retirement" account. 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 2008-03-05 -----END PRIVACY-ENHANCED MESSAGE-----