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4//SEC Filing

Hagan Joseph J 4

Accession 0001127602-09-005925

CIK 0001031296other
View on SEC.govCompany Profile

Filed

Mar 3, 7:00 PM ET

Accepted

Mar 4, 6:23 PM ET

Size

19.5 KB

Accession

0001127602-09-005925

Insider Transaction Report

Form 4
Period: 2009-03-02
FIRSTENERGY CORPFE
Hagan Joseph J
President, FENOC
Transactions
  • Conversion

    Rsup4

    2009-03-02−2,152→ 0 total
    Exercise: $1.00From: 2009-03-01Exp: 2009-03-01→ Common Stock (2,152 underlying)
  • Award

    Common Stock

    2009-03-02$42.53/sh+573$24,370→ 20,466 total
  • Award

    RSUP12

    2009-03-02$41.41/sh+4,569$189,202→ 4,569 total
    Exercise: $1.00From: 2012-03-02Exp: 2012-03-02→ Common Stock (4,569 underlying)
  • Tax Payment

    Common Stock

    2009-03-02$42.53/sh−1,378$58,606→ 19,088 total
  • Sale

    Common Stock

    2009-03-02$40.52/sh−80.331$3,255→ 0 total(indirect: By Savings Plan)
  • Conversion

    Common Stock

    2009-03-02$42.53/sh+2,152$91,525→ 19,893 total
Holdings

  • Rsup10

    Exercise: $1.00From: 2011-03-03Exp: 2011-03-03→ Common Stock (5,107 underlying)
    5,107

  • Phantom 3/07d

    Exercise: $1.00From: 2007-02-22Exp: 2010-03-01→ Common Stock (4,473.476 underlying)
    4,473.476

  • Rsup6

    Exercise: $1.00From: 2010-03-01Exp: 2010-03-01→ Common Stock (4,672.747 underlying)
    4,672.747

  • Phantom 3/08d

    Exercise: $1.00From: 2008-03-01Exp: 2011-03-01→ Common Stock (4,469.536 underlying)
    4,469.536
Footnotes (4)
  • [F1]1 for 1
  • [F2]The RSUP4 award listed in Table II has been reported at 75% of the original grant amount, as that represents the minimum amount guaranteed to be paid out upon vesting. Because of performance targets achieved, the award was paid out on March 2, 2009, at a performance-adjusted rate of 125%. The shares coded "A" represent that portion attributable to this performance adjustment. The shares coded "F" were sold to cover income tax obligations associated with the payout.
  • [F3]This transaction was performed in accordance with a 10b5-1 Plan signed by Joseph J. Hagan on 4/6/2007.
  • [F4]On February 17, 2009,the Board approved a March 2, 2009 performance-adjusted restricted stock unit grant to Mr. Hagan in the amount of 9,138 shares, of which 50% or 4,569 shares will be payable on March 2, 2012. Of these shares, 4,569 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.

Documents

1 file

Issuer

FIRSTENERGY CORP

CIK 0001031296

→
Entity typeother

Related Parties

1
  • filerCIK 0001391530

Filing Metadata

Form type
4
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 6:23 PM ET
Size
19.5 KB
View on SEC.gov