Lynch Donald M 4
4 · FIRSTENERGY CORP · Filed Mar 3, 2010
Insider Transaction Report
Form 4
Lynch Donald M
President, JCP&L
Transactions
- Tax Payment
Common Stock
[F1]2010-03-01$39.01/sh−179$6,983→ 1,130.289 total - Conversion
Common Stock
[F1]2010-03-01$39.02/sh+558$21,773→ 1,688.289 total - Conversion
Common Stock
[F3]2010-03-01$39.01/sh+554$21,612→ 2,242.289 total - Award
Common Stock
[F3]2010-03-01$39.01/sh+384$14,980→ 2,626.289 total - Tax Payment
Common Stock
[F3]2010-03-01$39.01/sh−314$12,249→ 2,312.289 total - Conversion
Phantom 3/07d
[F2][F1]2010-03-01−558→ 0 totalExercise: $1.00From: 2007-03-01Exp: 2010-03-01→ Common Stock (558 underlying) - Conversion
Rsup6
[F2][F3]2010-03-01−554→ 0 totalExercise: $1.00From: 2007-03-01Exp: 2010-03-01→ Common Stock (554 underlying)
Holdings
- 100.737(indirect: By Savings Plan)
Common Stock
Footnotes (3)
- [F1]>These transactions reflect the conversion of stock originally deferred for three years, and held in the Phantom 3/07 account, to directly-held common stock. Shares were withheld to cover tax obligations.
- [F2]1 for 1
- [F3]RSUP6 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 the performance targets achieved, the award was paid out on March 1, 2010, at a performance-rate of 125%. 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.
Signature
Edward J. Udovich, POA|2010-03-03