4//SEC Filing
FIRSTENERGY CORP 4
Accession 0001127602-14-001241
$FECIK 0001031296operating
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 4:14 PM ET
Size
13.5 KB
Accession
0001127602-14-001241
Insider Transaction Report
Form 4
ALEXANDER ANTHONY J
Pres. & Chief Exec. Officer
Transactions
- Gift
Common Stock
2013-12-31−11,247.856→ 0 total(indirect: GRAT) - Gift
Common Stock
2013-12-31+5,623.928→ 110,873.928 total(indirect: By Children) - Gift
Common Stock
2013-12-23−25,000→ 396,293.716 total - Sale
Common Stock
2014-01-02$32.36/sh−26,740$865,317→ 416,372.433 total
Holdings
- 35,038.643(indirect: By Savings Plan)
Common Stock
- 316.274(indirect: By Children)
Common Stock
Footnotes (9)
- [F1]Includes restricted stock acquired through dividend reinvestments.
- [F2]On December 29, 2010, the reporting person contributed 100,000 shares of FirstEnergy Corp. common stock to the Anthony J. Alexander Grantor Retained Annuity Trust (the GRAT) for the benefit of himself and his four children (upon the termination of the GRAT). Upon termination of the GRAT, on December 31, 2013 11,247.856 of the shares were transferred to the reporting person's children. The remaining 46,818.717 shares were previously distributed to the reporting person and continue to be reported in this Form 4 as directly owned.
- [F3]This transaction involved gifts of securities from the GRAT upon its termination to the reporting person's children who share the reporting person's household. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F4]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 Corp. 2007 Incentive Plan, as amended, to satisfy the reporting person's tax withholding obligation upon the vesting of 55,034.974 restricted Common Shares.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.35 to $32.38, 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.
- [F6]Includes 46,818.717 shares received as an annuity payment on 12/31/13 from the GRAT dated December 29, 2010. This transaction represented a change in the form of beneficial ownership without changing the reporting persons pecuniary interest in such shares.
- [F7]Includes shares that are attributable to additional common stock acquired through dividend reinvestments, price adjustments and FE Company matching funds in a unitized plan.
- [F8]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F9]Includes shares that are attributable to additional common stock acquired through dividend reinvestments and price adjustments in a unitized plan.
Documents
Issuer
FIRSTENERGY CORP
CIK 0001031296
Entity typeoperating
IncorporatedOH
Related Parties
1- filerCIK 0001031296
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 4:14 PM ET
- Size
- 13.5 KB