0001127602-13-010493.txt : 20130312
0001127602-13-010493.hdr.sgml : 20130312
20130312162809
ACCESSION NUMBER: 0001127602-13-010493
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130308
FILED AS OF DATE: 20130312
DATE AS OF CHANGE: 20130312
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CAVALIER LYNNETTE M
CENTRAL INDEX KEY: 0001202583
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 333-21011
FILM NUMBER: 13684501
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
X0306
4
2013-03-08
0001031296
FIRSTENERGY CORP
FE
0001202583
CAVALIER LYNNETTE M
76 SOUTH MAIN STREET
AKRON
OH
44308
1
Senior VP, Human Resources
Common Stock
2013-03-08
4
M
0
3241
40.82
A
79185.217
D
Common Stock
2013-03-08
4
A
0
6620
40.82
A
85805.217
D
Common Stock
2013-03-08
4
F
0
3265
40.82
D
82540.217
D
Common Stock
6581.962
I
By Savings Plan
RSUP18
2013-03-08
4
A
0
5042
40.82
A
2016-03-01
2016-03-01
Common Stock
5042
5042
D
RSUP14
2013-03-08
4
M
0
3241
0
D
2013-03-08
2013-03-08
Common Stock
3241
0
D
Phantom / Retirement
Common Stock
16110.345
16110.345
D
Phantom 3/05d Retirement
Common Stock
4832.644
4832.644
D
RSUP16
2014-03-04
2014-03-04
Common Stock
3452
3452
D
RSUP17
2015-03-05
2015-03-05
Common Stock
4790
4790
D
RSUP14 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 were achieved, the award was paid out on March 8, 2013 at a performance rate of 150%. 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.
1 for 1
This transaction is a performance-adjusted restricted stock unit grant (RSUP18) 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 3/1/2008 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.
A review conducted in our normal course of operations revealed that an administrative error was made in calculating the 2009 bonus match in this 401(k) account. The balance has been adjusted to reflect the addition of 4.79 shares.
Edward J. Udovich, POA
2013-03-12