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