CLARK MARK T 4
4 · FIRSTENERGY CORP · Filed May 6, 2011
Insider Transaction Report
Form 4
CLARK MARK T
Executive VP, Strategic Plan
Transactions
- Award
RSUP16
2011-05-04$36.80/sh+8,656$318,541→ 8,656 totalExercise: $1.00From: 2014-03-04Exp: 2014-03-04→ Common Stock (8,656 underlying)
Holdings
- 109,204.965
Common Stock
- 3,353.979
Phantom / Retirement
Exercise: $1.00→ Common Stock (3,353.979 underlying) - 8,124
RSUP14
Exercise: $1.00From: 2013-03-08Exp: 2013-03-08→ Common Stock (8,124 underlying) - 6,163
Rsup12
Exercise: $1.00From: 2012-03-02Exp: 2012-03-02→ Common Stock (6,163 underlying) - 993.153(indirect: In Savings Plan)
Common Stock
Footnotes (4)
- [F1]1 for 1
- [F2]This transaction is a performance-adjusted restricted stock unit grant (RSUP16) of which 50% is reflected in table II. Of the total shares granted, 50% of the 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.
- [F3]1 for 1
- [F4]This transaction reflects the extension and vesting of phantom stock to retirement or other termination of employment under arrangements approved by the Compensation Committee.