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4//SEC Filing

CLARK MARK T 4

Accession 0001127602-12-009796

CIK 0001031296other

Filed

Mar 5, 7:00 PM ET

Accepted

Mar 6, 6:20 PM ET

Size

21.8 KB

Accession

0001127602-12-009796

Insider Transaction Report

Form 4
Period: 2012-03-02
CLARK MARK T
Executive VP, Strategic Plan
Transactions
  • Award

    Common Stock

    2012-03-02$44.40/sh+6,554$290,998126,256.765 total
  • Conversion

    Common Stock

    2012-03-02$44.40/sh+6,395$283,938119,702.765 total
  • Tax Payment

    Common Stock

    2012-03-02$44.40/sh5,465$242,646120,791.765 total
  • Award

    RSUP17

    2012-03-06$44.58/sh+15,498$690,90115,498 total
    Exercise: $1.00From: 2015-03-05Exp: 2015-03-05Common Stock (15,498 underlying)
  • Conversion

    Rsup12

    2012-03-026,3950 total
    Exercise: $1.00From: 2012-03-02Exp: 2012-03-02Common Stock (6,395 underlying)
Holdings
  • RSUP14

    Exercise: $1.00From: 2013-03-08Exp: 2013-03-08Common Stock (8,430 underlying)
    8,430
  • Common Stock

    (indirect: In Savings Plan)
    1,029.445
  • RSUP16

    Exercise: $1.00From: 2014-03-04Exp: 2014-03-04Common Stock (8,982 underlying)
    8,982
  • Phantom / Retirement

    Exercise: $1.00Common Stock (3,480.737 underlying)
    3,480.737
  • Stock Options (Right to Buy)

    Exercise: $37.75From: 2012-12-31Exp: 2021-02-25Common Stock (100,322 underlying)
    100,322
Footnotes (4)
  • [F1]1 for 1
  • [F2]This transaction reflects the extension and vesting of phantom stock to retirement or other termination of employment under arrangements approved by the Compensation Committee.
  • [F3]RSUP12 award listed in Table II has been reported at 50% 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 2, 2012 at a performance rate of 100%. 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.
  • [F4]This transaction is a performance-adjusted restricted stock unit grant (RSUP17) 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.

Issuer

FIRSTENERGY CORP

CIK 0001031296

Entity typeother

Related Parties

1
  • filerCIK 0001278897

Filing Metadata

Form type
4
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 6:20 PM ET
Size
21.8 KB