-----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, AcKm/uBnj+SPDbRnAYkQ7xbjGy1f1Ak7huIoJs7WVdPFfxQ2CwS1i6MMrHeaRNrh Ei5TNOAgWHRCKpYUW+TobQ== 0001127602-09-005924.txt : 20090304 0001127602-09-005924.hdr.sgml : 20090304 20090304182311 ACCESSION NUMBER: 0001127602-09-005924 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090302 FILED AS OF DATE: 20090304 DATE AS OF CHANGE: 20090304 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SCHNEIDER DONALD R CENTRAL INDEX KEY: 0001279005 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 333-21011 FILM NUMBER: 09656785 BUSINESS ADDRESS: BUSINESS PHONE: 3307614264 MAIL ADDRESS: STREET 1: 76 SOUTH MAIN ST 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 form4.xml PRIMARY DOCUMENT X0303 4 2009-03-02 0001031296 FIRSTENERGY CORP FE 0001279005 SCHNEIDER DONALD R 76 SOUTH MAIN STREET AKRON OH 44308 1 Senior Vice President Common Stock 2009-03-02 4 C 0 2216 42.53 A 21501.573 D Common Stock 2009-03-02 4 A 0 1525 42.53 A 23026.573 D Common Stock 2009-03-02 4 F 0 2016 42.53 D 21010.573 D Common Stock 2009-03-02 4 S 0 247.8161 40.52 D 0 I Savings Plan Rsup4 1.00 2009-03-02 4 C 0 2216 0 D 2009-03-01 2009-03-01 Common Stock 2216 0 D Phantom / Retirement 1.00 2009-03-02 4 C 0 7973 0 A Common Stock 7973 10630.4 D Phantom 3/06d 1.00 2009-03-02 4 C 0 7973 0 D 2006-03-02 2009-03-02 Common Stock 7973 0 D RSUP12 1.00 2009-03-02 4 A 0 4382 41.41 A 2012-03-02 2012-03-02 Common Stock 4382 4382 D Phantom 3/05d Retirement 1.00 Common Stock 6506.499 6506.499 D Phantom 3/07d 1.00 2007-03-01 2010-03-01 Common Stock 9784.648 9784.648 D Phantom 3/08d 1.00 2008-03-01 2011-03-01 Common Stock 6455.998 6455.998 D Rsud2 1.00 2010-03-01 2010-03-01 Common Stock 2658 2658 D Rsud5 1.00 2011-03-01 2011-03-01 Common Stock 2329 2329 D Rsup10 1.00 2011-03-03 2011-03-03 Common Stock 4899 4899 D Rsup6 1.00 2010-03-01 2010-03-01 Common Stock 4673 4673 D 1 for 1 The RSUP4 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 2, 2009, 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. This transaction was performed in accordance with directives set forth in a 10b5-1 Plan signed by Donald Schneider on 4/4/2007. This transaction reflects the extension and vesting of phantom stock to retirement or other termination of employment under arrangements approved by the Compensation Committee. These transactions reflect the extension of the expiration date of phantom stock from 3/1/2009 to "retirement" under arrangements approved by the Compensation Committee and reflect the movement of stock from the Phantom 3/06D account to the "retirement" account. On February 17, 2009,the Board approved a March 2, 2009 performance-adjusted restricted stock unit grant to Mr. Schneider in the amount of 8,764 shares, of which 50% or 4,382 shares will be payable on March 2, 2012. Of these shares, 4,382 shares are subject to forfeiture if the performance goals are not met. The full grant can be adjusted upward by an additional 50% if the 3-year goals are achieved. These transactions reflect the extension of the expiration date of phantom stock from 3/1/2005 to "retirement" or "other termination of employment" under arrangements approved by the Compensation Committee, and reflects the stock moving to the "retirement" account from the Phantom 3/02D. Edward J. Udovich, POA 2009-03-04 -----END PRIVACY-ENHANCED MESSAGE-----