LEIDICH GARY R 4
4 · FIRSTENERGY CORP · Filed Jul 1, 2010
Insider Transaction Report
Form 4
LEIDICH GARY R
Exec. VP & Pres FE Generation
Transactions
- Award
Common Stock
[F1]2010-06-30$35.23/sh+5,126$180,589→ 55,617.428 total - Tax Payment
Common Stock
[F1]2010-06-30$35.23/sh−10,816$381,048→ 44,801.428 total - Conversion
Common Stock
[F1]2010-06-30$35.23/sh+20,504$722,356→ 65,305.428 total - Conversion
Rsup8
[F2][F1]2010-06-30−20,504→ 0 totalExercise: $1.00From: 2010-06-30Exp: 2010-06-30→ Common Stock (20,504 underlying)
Holdings
- 0(indirect: By Daughter (anne))
Common Stock
- 488.208(indirect: By Savings Plan)
Common Stock
- 19,328.989
Phantom 3/05d Retirement
[F2][F3]Exercise: $1.00→ Common Stock (19,328.989 underlying) - 14,295.426
Phantom 3/08d
[F2]Exercise: $1.00From: 2008-03-01Exp: 2011-03-01→ Common Stock (14,295.426 underlying) - 15,036.536
Phantom 3/09D
[F2]Exercise: $1.00From: 2009-03-01Exp: 2012-03-01→ Common Stock (15,036.536 underlying) - 10,986
Rsup10
[F2]Exercise: $1.00From: 2011-03-03Exp: 2011-03-03→ Common Stock (10,986 underlying) - 9,546
Rsup12
[F2]Exercise: $1.00From: 2012-03-02Exp: 2012-03-02→ Common Stock (9,546 underlying) - 9,868.5
RSUP14
[F2]Exercise: $1.00From: 2013-03-08Exp: 2013-03-08→ Common Stock (9,868.5 underlying)
Footnotes (3)
- [F1]RSUP8 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 June 30, 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.
- [F2]1 for 1
- [F3]These transactions reflect the extension of the expiration date of phantom stock from 3/1/2008 to "retirement" under arrangements approved by the Compensation Committee and reflect the movement of stock from the Phantom 3/05 account to the "retirement" account.
Signature
Edward J. Udovich, POA|2010-07-01