0001127602-12-009812.txt : 20120306
0001127602-12-009812.hdr.sgml : 20120306
20120306190144
ACCESSION NUMBER: 0001127602-12-009812
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20120302
FILED AS OF DATE: 20120306
DATE AS OF CHANGE: 20120306
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: 12672040
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
X0304
4
2012-03-02
0001031296
FIRSTENERGY CORP
FE
0001127115
VESPOLI LEILA L
76 SOUTH MAIN STREET
AKRON
OH
44308
1
Exec. Vice Pres & Gen. Counsel
Common Stock
2012-03-02
4
C
0
6395
44.40
A
81108.763
D
Common Stock
2012-03-02
4
A
0
6554
44.40
A
87662.763
D
Common Stock
2012-03-02
4
F
0
4873
44.40
D
82789.763
D
Common Stock
2288.753
I
By Savings Plan
Rsup12
1.00
2012-03-02
4
C
0
6395
0
D
2012-03-02
2012-03-02
Common Stock
6395
0
D
RSUP17
1.00
2012-03-06
4
A
0
10219
44.58
A
2015-03-05
2015-03-05
Common Stock
10219
10219
D
Phantom / Retirement
1.00
Common Stock
18432.804
18432.804
D
Phantom 3/05d Retirement
1.00
Common Stock
1157.527
1157.527
D
RSUP14
1.00
2013-03-08
2013-03-08
Common Stock
6504
6504
D
RSUP16
1.00
2014-03-04
2014-03-04
Common Stock
7343
7343
D
Stock Options (Right to Buy)
37.75
2016-12-31
2021-02-25
Common Stock
120386
120386
D
1 for 1
RSUP12 award listed in Table II has been reported at 50% of the original grant amount, as that represents the minimum amount guaranteed to be paid out upon vesting. Because of the performance targets achieved, the award was paid out on March 2, 2012 at a performance rate of 100%. The shares coded "A" represent that portion attributable to this performance adjustment. The shares coded "F" were withheld to cover income tax obligations associated with the payout.
This transaction is a performance-adjusted restricted stock unit grant (RSUP17) of which 50% is reflected in Table II. Of the total shares granted, 50% of the 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
2012-03-06
EX-24
2
doc1.txt
VESPOLI, L. POA
POWER OF ATTORNEY
Know all persons by these present that the undersigned
hereby constitutes and appoints each of Rhonda S. Ferguson,
Daniel M. Dunlap, Jacqueline S. Cooper and
Edward J. Udovich, signing singly, the undersigned's true
and lawful attorney in fact to:
(1) execute for and on behalf of the undersigned,
in the undersigned's capacity as an officer and/or
employee of FirstEnergy Corp. and/or any of its
subsidiaries and affiliates (referred to as the ?Company?),
as applicable, Forms 3, 4 and 5 in accordance with
Section 16(a) of the Securities Exchange Act of 1934,
as amended (?Section 16?) and Form 144 (?Form 144?)
pursuant to Rule 144 under the Securities Act of 1933
(?Rule 144?) and the rules thereunder;
(2) do and perform any and all acts for and on behalf
of the undersigned that may be necessary or desirable to complete
and execute any such Forms 3, 4, 5 or 144 and file such form
with the United States Securities and Exchange Commission and
any stock exchange or similar authority; and
(3) take any other action of any type whatsoever in
connection with the foregoing which, in the opinion of such
attorney in fact, may be of benefit to, in the best interest of,
or legally required by the undersigned; it being understood
that the documents executed by such attorney in fact on behalf
of the undersigned pursuant to this Power of Attorney
shall be in such form and shall contain such terms and
conditions as such attorney in fact may approve in such
attorney in fact's reasonable discretion.
The undersigned hereby grants to each such attorney in fact full
power and authority to do and perform any and every act and thing
whatsoever requisite, necessary, or proper to be done in the
exercise of any of the rights and powers herein granted,
as fully to all intents and purposes as the undersigned might
or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming
all that such attorney in fact shall lawfully do or cause
to be done by virtue of this power of attorney and the
rights and powers herein granted.
The undersigned acknowledges that the foregoing attorneys in fact,
in serving in such capacity at the request of the undersigned,
are not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16
or Rule 144.
This Power of Attorney shall remain in full force and effect
until the undersigned is no longer required to file Forms 3,
4, 5 and 144 with respect to the undersigned's holdings of
and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorneys in fact. Additionally,
this Power of Attorney revokes any and all previous Power
of Attorney forms for this same purpose which was entered
into by the undersigned.
This Power of Attorney shall be governed by and construed
in accordance with the law of the State of Ohio, regardless
of the law that might be applied under principles of conflict
of laws.
The undersigned has caused this Power of Attorney to be
executed as of this 23rd day of May, 2011.
/s/Leila L. Vespoli____________
Leila L. Vespoli
State of Ohio )
) ss:
County of Summit)
The foregoing Power of Attorney was acknowledged before me
this 23rd day of May, 2011, by Leila L. Vespoli.
/s/ Brenda L. Montella_______________________
Brenda L. Montella, Notary Public
Residence ? Portage County
State Wide Jurisdiction, Ohio
My Commission Expires February 14, 2015