FIRSTENERGY CORP 4

4 · FIRSTENERGY CORP · Filed Feb 23, 2009

Form 4

Period: 2009-02-20

Pres, OH Ops

Transactions

Award
Phantom 3/09D
2009-02-20$50.84/sh+868$44,129→ 868 total
Exercise: $1.00From: 2009-03-01Exp: 2012-03-01→ Common Stock (868 underlying)
Award
Common Stock
2009-02-20$52.03/sh+2,119.653$110,286→ 11,112.29 total
Disposition to Issuer
Common Stock
2009-02-20$52.03/sh−2,119.653$110,286→ 8,992.637 total

Holdings

Common Stock
(indirect: By State Street)
88.52
Phantom 3/07d
Exercise: $1.00From: 2007-03-01Exp: 2010-03-01→ Common Stock (436.661 underlying)
436.661
Rsup10
Exercise: $1.00From: 2011-03-03Exp: 2011-03-03→ Common Stock (1,595 underlying)
1,595
Phantom / Retirement
Exercise: $1.00→ Common Stock (916.872 underlying)
916.872
Phantom 3/06d
Exercise: $1.00From: 2006-03-01Exp: 2009-03-01→ Common Stock (849.423 underlying)
849.423
Phantom 3/08d
Exercise: $1.00From: 2008-03-01Exp: 2011-03-01→ Common Stock (418.238 underlying)
418.238
Rsup4
Exercise: $1.00From: 2009-03-01Exp: 2009-03-01→ Common Stock (1,601 underlying)
1,601
Rsup6
Exercise: $1.00From: 2010-03-01Exp: 2010-03-01→ Common Stock (1,608 underlying)
1,608

Footnotes (4)

[F1]On February 17, 2009, the Board authorized the cash payout of the 2006 grant of performance shares, no earlier than February 20, 2009, based on the average high and low prices of FirstEnergy's stock on each trading date during the month of December, 2008. Based on performance, the amount of the cash payout was increased by 45.6%.
[F2]1 for 1
[F3]Of this total, 724 shares are vested (i.e., non-forfeited) immediately; 144 shares become vested (i.e., non-forfeited) on 3/1/2012.
[F4]This transaction reflects the extension and vesting of phantom stock to retirement or other termination of employment under arrangements approved by the Compensation Committee.

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