Earnings Feed
Start Free
Home/Filings/4/0001127602-09-005926
4//SEC Filing

MORGAN STEPHEN E 4

Accession 0001127602-09-005926

CIK 0001031296other
View on SEC.govCompany Profile

Filed

Mar 3, 7:00 PM ET

Accepted

Mar 4, 6:23 PM ET

Size

17.1 KB

Accession

0001127602-09-005926

Insider Transaction Report

Form 4
Period: 2009-03-02
FIRSTENERGY CORPFE
MORGAN STEPHEN E
President
Transactions
  • Conversion

    Common Stock

    2009-03-02$42.53/sh+1,940$82,508→ 10,991.421 total
  • Award

    Common Stock

    2009-03-02$42.53/sh+1,334$56,735→ 12,325.421 total
  • Tax Payment

    Common Stock

    2009-03-02$42.53/sh−1,527$64,943→ 10,798.421 total
  • Sale

    Common Stock

    2009-03-02$40.52/sh−409.038$16,574→ 0 total(indirect: By Savings Plan)
  • Conversion

    Rsup4

    2009-03-02−1,940→ 0 total
    Exercise: $1.00From: 2009-03-01Exp: 2009-03-01→ Common Stock (1,940 underlying)
  • Award

    RSUP12

    2009-03-02$41.41/sh+1,583$65,552→ 1,583 total
    Exercise: $1.00From: 2012-03-02Exp: 2012-03-02→ Common Stock (1,583 underlying)
Holdings

  • Rsup10

    Exercise: $1.00From: 2011-03-03Exp: 2011-03-03→ Common Stock (1,748 underlying)
    1,748

  • Rsup6

    Exercise: $1.00From: 2010-03-01Exp: 2010-03-01→ Common Stock (1,881 underlying)
    1,881
Footnotes (4)
  • [F1]1 for 1
  • [F2]The RSUP4 award listed in Table II has been reported at 75% of the original grant amount, as that represents the minimum amount guaranteed to be paid out upon vesting. Because of performance targets achieved, the award was paid out on March 2, 2009, at a performance-adjusted rate of 125%. The shares coded "A" represent that portion attributable to this performance adjustment. The shares coded "F" were sold to cover income tax obligations associated with the payout.
  • [F3]This transaction was performed in accordance with directives set forth in a 10b5-1 Plan signed by Stephen Morgan on 4/9/2007.
  • [F4]On February 17, 2009,the Board approved a March 2, 2009 performance-adjusted restricted stock unit grant to Mr. Morgan in the amount of 3,166 shares, of which 50% or 1,583 shares will be payable on March 2, 2012. Of these shares, 1,583 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.

Documents

1 file

Issuer

FIRSTENERGY CORP

CIK 0001031296

→
Entity typeother

Related Parties

1
  • filerCIK 0001283617

Filing Metadata

Form type
4
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 6:23 PM ET
Size
17.1 KB
View on SEC.gov