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
CLARK MARK T
Executive VP, Strategic Plan
Transactions
- Award
Common Stock
2012-03-02$44.40/sh+6,554$290,998→ 126,256.765 total - Conversion
Common Stock
2012-03-02$44.40/sh+6,395$283,938→ 119,702.765 total - Tax Payment
Common Stock
2012-03-02$44.40/sh−5,465$242,646→ 120,791.765 total - Award
RSUP17
2012-03-06$44.58/sh+15,498$690,901→ 15,498 totalExercise: $1.00From: 2015-03-05Exp: 2015-03-05→ Common Stock (15,498 underlying) - Conversion
Rsup12
2012-03-02−6,395→ 0 totalExercise: $1.00From: 2012-03-02Exp: 2012-03-02→ Common Stock (6,395 underlying)
Holdings
- 8,430
RSUP14
Exercise: $1.00From: 2013-03-08Exp: 2013-03-08→ Common Stock (8,430 underlying) - 1,029.445(indirect: In Savings Plan)
Common Stock
- 8,982
RSUP16
Exercise: $1.00From: 2014-03-04Exp: 2014-03-04→ Common Stock (8,982 underlying) - 3,480.737
Phantom / Retirement
Exercise: $1.00→ Common Stock (3,480.737 underlying) - 100,322
Stock Options (Right to Buy)
Exercise: $37.75From: 2012-12-31Exp: 2021-02-25→ Common Stock (100,322 underlying)
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.
Documents
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