-----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, MLIS+gJy6niDbzyZ9bDq9YvjUnLihv970H6nWiBE1Wyw8Ay9XyI2Pbfm+oYmnE4W Tnzot2CIy9VFSz5B1xW9Jw== 0001127602-09-005929.txt : 20090304 0001127602-09-005929.hdr.sgml : 20090304 20090304183029 ACCESSION NUMBER: 0001127602-09-005929 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: VESPOLI LEILA L CENTRAL INDEX KEY: 0001127115 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 333-21011 FILM NUMBER: 09656810 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 form4.xml PRIMARY DOCUMENT X0303 4 2009-03-02 0001031296 FIRSTENERGY CORP FE 0001127115 VESPOLI LEILA L 76 SOUTH MAIN STREET AKRON OH 44308 1 Exec. Vice Pres & Gen. Counsel Common Stock 2009-03-02 4 C 0 4107 42.53 A 64917.337 D Common Stock 2009-03-02 4 A 0 2827 42.53 A 67744.337 D Common Stock 2009-03-02 4 F 0 3357 42.53 D 64387.337 D Common Stock 2009-03-02 4 S 0 1000 42.05 D 966.0795 I By Savings Plan Rsup4 1.00 2009-03-02 4 C 0 4107 0 D 2009-03-01 2009-03-01 Common Stock 4107 0 D RSUP12 1.00 2009-03-02 4 A 0 5504 41.41 A 2012-03-02 2012-03-02 Common Stock 5504 5504 D Phantom / Retirement 1.00 Common Stock 9961.132 9961.132 D Phantom 3/05d Retirement 1.00 Common Stock 983.247 983.247 D Phantom 3/07d 1.00 2007-03-01 2010-03-01 Common Stock 5696.385 5696.385 D Phantom 3/08d 1.00 2008-03-01 2011-03-01 Common Stock 5673.695 5673.695 D Rsup6 1.00 2010-03-01 2010-03-01 Common Stock 5840 5840 D Stock Options (Right to Buy) 29.71 2004-03-01 2013-03-01 Common Stock 45000 45000 D Stock Options (Right to Buy) 38.76 2005-03-01 2014-03-01 Common Stock 48800 48800 D Rsup10 1.00 2011-03-03 2011-03-03 Common Stock 6152 6152 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 a 10b5-1 Plan executed by Leila L. Vespoli on June 4, 2007. On February 17, 2009,the Board approved a March 2, 2009 performance-adjusted restricted stock unit grant to Ms. Vespoli in the amount of 11,007 shares, of which 50% or 5,504 shares will be payable on March 2, 2012. Of these shares, 5,503 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. 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 3/1/2005 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-----