CLARK MARK T 4
4 · FIRSTENERGY CORP · Filed Jan 7, 2013
Insider Transaction Report
Form 4
CLARK MARK T
Executive VP, Strategic Plan
Transactions
- Sale
Common Stock
2013-01-03$42.05/sh−14,892$626,222→ 107,166.628 total
Holdings
- 1,262.204(indirect: In Savings Plan)
Common Stock
Footnotes (3)
- [F1]This transaction reflects the number of Common Shares sold pursuant to the terms of the Restricted Stock Award Agreement and in accordance with the FirstEnergy 2007 Incentive Plan, as amended, to satisfy the reporting person's tax withholding obligation upon the vesting of 35,787.37 restricted Common Shares.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.87 to $42.19, inclusive. The reporting person undertakes to provide to FirstEnergy Corp., any security holder of FirstEnergy Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]A review conducted in our normal course of operations revealed that an administrative error was made in calculating the 2009 bonus match in this 401(k) account. The balance has been adjusted to reflect the addition of 1.72 shares.