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4//SEC Filing

GRIGG RICHARD R 4

Accession 0001127602-09-005927

CIK 0001031296other
View on SEC.govCompany Profile

Filed

Mar 3, 7:00 PM ET

Accepted

Mar 4, 6:24 PM ET

Size

18.5 KB

Accession

0001127602-09-005927

Insider Transaction Report

Form 4
Period: 2009-03-02
FIRSTENERGY CORPFE
GRIGG RICHARD R
Exec VP & Pres. FE Utilities
Transactions
  • Conversion

    Common Stock

    2009-03-02$42.53/sh+12,204.75$519,068→ 33,389.802 total
  • Award

    Common Stock

    2009-03-02$42.53/sh+8,399$357,209→ 41,788.802 total
  • Conversion

    Rsup4

    2009-03-02−12,204.75→ 0 total
    Exercise: $1.00From: 2009-03-01Exp: 2009-03-01→ Common Stock (12,204.75 underlying)
  • Tax Payment

    Common Stock

    2009-03-02$42.53/sh−9,974$424,194→ 31,814.802 total
  • Award

    RSUP12

    2009-03-02$41.41/sh+7,788$322,501→ 7,788 total
    Exercise: $1.00From: 2012-03-02Exp: 2012-03-02→ Common Stock (7,788 underlying)
Holdings

  • Common Stock

    (indirect: By Savings Plan)
    569.059

  • Rsup10

    Exercise: $1.00From: 2011-03-03Exp: 2011-03-03→ Common Stock (8,706 underlying)
    8,706

  • Rsup6

    Exercise: $1.00From: 2010-03-01Exp: 2010-03-01→ Common Stock (11,213.25 underlying)
    11,213.25

  • Stock Options (Right to Buy)

    Exercise: $39.46From: 2005-08-20Exp: 2014-08-20→ Common Stock (54,759 underlying)
    54,759

  • Rsup9

    Exercise: $1.00From: 2010-06-30Exp: 2010-06-30→ Common Stock (15,991 underlying)
    15,991
Footnotes (3)
  • [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]On February 17, 2009,the Board approved a March 2, 2009 performance-adjusted restricted stock unit grant to Mr. Grigg in the amount of 15,576 shares, of which 50% or 7,788 shares will be payable on March 2, 2012. Of these shares, 7,788 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

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Entity typeother

Related Parties

1
  • filerCIK 0001207472

Filing Metadata

Form type
4
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 6:24 PM ET
Size
18.5 KB
View on SEC.gov