0001127602-13-010511.txt : 20130312 0001127602-13-010511.hdr.sgml : 20130312 20130312164506 ACCESSION NUMBER: 0001127602-13-010511 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: VESPOLI LEILA L CENTRAL INDEX KEY: 0001127115 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 333-21011 FILM NUMBER: 13684723 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 X0306 4 2013-03-08 0001031296 FIRSTENERGY CORP FE 0001127115 VESPOLI LEILA L 76 SOUTH MAIN STREET AKRON OH 44308 1 Exec. Vice Pres & Gen. Counsel Common Stock 2013-03-08 4 M 0 6833 40.82 A 58623.084 D Common Stock 2013-03-08 4 A 0 13952 40.82 A 72575.084 D Common Stock 2013-03-08 4 F 0 7783 40.82 D 64792.084 D Common Stock 2585.288 I By Savings Plan RSUP18 2013-03-08 4 A 0 11160 40.82 A 2016-03-01 2016-03-01 Common Stock 11160 11160 D RSUP14 2013-03-08 4 M 0 6833 0 D 2013-03-08 2013-03-08 Common Stock 6833 0 D Phantom / Retirement Common Stock 19367.439 19367.439 D Phantom 3/05d Retirement Common Stock 1216.22 1216.22 D RSUP16 2014-03-04 2014-03-04 Common Stock 7714 7714 D RSUP17 2015-03-05 2015-03-05 Common Stock 10604 10604 D Stock Options (Right to Buy) 37.75 2016-12-31 2021-02-25 Common Stock 120386 120386 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. There was an error in footnote Number 3 on the Form 4 filed on 1/7/13. The balance has been adjusted to reflect the addition of 2.48 shares. 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 3/1/2005 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 2013-03-12