FIRSTENERGY CORP 4
4 · FIRSTENERGY CORP · Filed Feb 23, 2009
Insider Transaction Report
Form 4
WELSH THOMAS M
Senior Vice President
Transactions
- Disposition to Issuer
Common Stock
2009-02-20$52.03/sh−2,479.126$128,989→ 11,651.677 total - Award
Common Stock
2009-02-20$52.03/sh+2,479.126$128,989→ 14,130.803 total
Holdings
- 363.4
Phantom 3/07d
Exercise: $1.00From: 2007-03-01Exp: 2010-03-01→ Common Stock (363.4 underlying) - 1,557
Rsup10
Exercise: $1.00From: 2011-03-03Exp: 2011-03-03→ Common Stock (1,557 underlying) - 588.063
Phantom / Retirement
Exercise: $1.00→ Common Stock (588.063 underlying) - 1,282.462
Phantom 3/06d
Exercise: $1.00From: 2006-03-02Exp: 2009-03-02→ Common Stock (1,282.462 underlying) - 1(indirect: By Jeff Welsh (son))
Common Stock
- 1(indirect: By Thomas Welsh (son))
Common Stock
- 1,310.842(indirect: Savings Plan)
Common Stock
- 1,406.609
Rsup4
Exercise: $1.00From: 2009-03-01Exp: 2009-03-01→ Common Stock (1,406.609 underlying) - 1,619
Rsup6
Exercise: $1.00From: 2010-03-01Exp: 2010-03-01→ Common Stock (1,619 underlying)
Footnotes (3)
- [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]This transaction reflects the extension and vesting of phantom stock to retirement or other termination of employment under arrangements approved by the Compensation Committee.