Filing Details
- Accession Number:
- 0001127602-13-010505
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-03-12 16:39:48
- Reporting Period:
- 2013-03-08
- Filing Date:
- 2013-03-12
- Accepted Time:
- 2013-03-12 16:39:48
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1031296 | Firstenergy Corp | FE | Electric Services (4911) | 341843785 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1490185 | H James Lash | 76 South Main Street Akron OH 44308 | President Fe Generation | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2013-03-08 | 4,759 | $40.82 | 38,045 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2013-03-08 | 9,718 | $40.82 | 47,763 | No | 4 | A | Direct | |
Common Stock | Disposition | 2013-03-08 | 6,906 | $40.82 | 40,857 | No | 4 | F | Direct | |
Common Stock | Disposition | 2013-03-12 | 12,500 | $41.18 | 28,357 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | A | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | RSUP18 | Acquisiton | 2013-03-08 | 8,017 | $40.82 | 8,017 | $0.00 |
Common Stock | RSUP14 | Disposition | 2013-03-08 | 4,759 | $0.00 | 4,759 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
8,017 | 2016-03-01 | 2016-03-01 | No | 4 | A | Direct |
0 | 2013-03-08 | 2013-03-08 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 563 | Indirect | By Savings Plan |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Phantom / Retirement | $0.00 | 11,492 | 11,492 | Direct | ||
Common Stock | Phantom 3/05d Retirement | $0.00 | 4,256 | 4,256 | Direct | ||
Common Stock | RSUP16 | $0.00 | 2014-03-04 | 2014-03-04 | 6,130 | 6,130 | Direct |
Common Stock | RSUP17 | $0.00 | 2015-03-05 | 2015-03-05 | 7,617 | 7,617 | Direct |
Common Stock | Stock Options (Right to Buy) | $37.75 | 2015-03-01 | 2021-02-25 | 80,257 | 80,257 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
11,492 | 11,492 | Direct | |
4,256 | 4,256 | Direct | |
2014-03-04 | 6,130 | 6,130 | Direct |
2015-03-05 | 7,617 | 7,617 | Direct |
2021-02-25 | 80,257 | 80,257 | Direct |
Footnotes
- 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.13 to $41.27, inclusive. The reporting person undertakes to provide to FirstEnergy Corp., any security holder of FirstEnergy Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- 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.