Home/Filings/4/0001127602-13-010496
4//SEC Filing

CLARK MARK T 4

Accession 0001127602-13-010496

CIK 0001031296other

Filed

Mar 11, 8:00 PM ET

Accepted

Mar 12, 4:32 PM ET

Size

20.9 KB

Accession

0001127602-13-010496

Insider Transaction Report

Form 4
Period: 2013-03-08
CLARK MARK T
Executive VP, Strategic Plan
Transactions
  • Exercise/Conversion

    Common Stock

    2013-03-08$40.82/sh+8,857$361,543112,979.992 total
  • Award

    Common Stock

    2013-03-08$40.82/sh+18,084$738,189131,063.992 total
  • Gift

    Common Stock

    2013-01-162,500105,122.992 total
  • Tax Payment

    Common Stock

    2013-03-08$40.82/sh10,921$445,795120,142.992 total
  • Gift

    Common Stock

    2013-01-281,000104,122.992 total
  • Award

    RSUP18

    2013-03-08$40.82/sh+16,926$690,91916,926 total
    From: 2016-03-01Exp: 2016-03-01Common Stock (16,926 underlying)
  • Exercise/Conversion

    RSUP14

    2013-03-088,8570 total
    From: 2013-03-08Exp: 2013-03-08Common Stock (8,857 underlying)
Holdings
  • Phantom / Retirement

    Common Stock (3,657.228 underlying)
    3,657.228
  • Common Stock

    (indirect: In Savings Plan)
    1,262.2
  • Stock Options (Right to Buy)

    Exercise: $37.75From: 2012-12-31Exp: 2021-02-25Common Stock (100,322 underlying)
    100,322
  • RSUP17

    From: 2015-03-05Exp: 2015-03-05Common Stock (16,082 underlying)
    16,082
  • RSUP16

    From: 2014-03-04Exp: 2014-03-04Common Stock (9,436 underlying)
    9,436
Footnotes (4)
  • [F1]RSUP14 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 were achieved, the award was paid out on March 8, 2013 at a performance rate of 150%. 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]This transaction is a performance-adjusted restricted stock unit grant (RSUP18) 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.
  • [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.

Issuer

FIRSTENERGY CORP

CIK 0001031296

Entity typeother

Related Parties

1
  • filerCIK 0001278897

Filing Metadata

Form type
4
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 4:32 PM ET
Size
20.9 KB