0001127602-13-010507.txt : 20130312
0001127602-13-010507.hdr.sgml : 20130312
20130312164121
ACCESSION NUMBER: 0001127602-13-010507
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: Pearson James F
CENTRAL INDEX KEY: 0001331360
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 333-21011
FILM NUMBER: 13684682
MAIL ADDRESS:
STREET 1: 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
X0306
4
2013-03-08
0001031296
FIRSTENERGY CORP
FE
0001331360
Pearson James F
76 SOUTH MAIN STREET
AKRON
OH
44308
1
SVP & CFO
Common Stock
2013-03-08
4
M
0
1611
40.82
A
7028.985
D
Common Stock
2013-03-08
4
A
0
3292
40.82
A
10320.985
D
Common Stock
2013-03-08
4
F
0
1623
40.82
D
8697.985
D
Common Stock
2100
I
By Mother (jointly)
Common Stock
7036.599
I
By Savings Plan
RSUP18
2013-03-08
4
A
0
7289
40.82
A
2016-03-01
2016-03-01
Common Stock
7289
7289
D
RSUP14
2013-03-08
4
M
0
1611
0
D
2013-03-08
2013-03-08
Common Stock
1611
0
D
Phantom / Retirement
Common Stock
1351.022
1351.022
D
Phantom 3/11d
2011-03-01
2014-03-01
Common Stock
1396.196
1396.196
D
RSUP16
2014-03-04
2014-03-04
Common Stock
1828
1828
D
RSUP17
2015-03-05
2015-03-05
Common Stock
2644
2644
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.
Edward J. Udovich, POA
2013-03-12