SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
WELSH THOMAS M
(Last) (First) (Middle)
76 SOUTH MAIN STREET
(Street)
AKRON OH 44308
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIRSTENERGY CORP [ FE ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2009
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/02/2009 C 1,406.609(2) A $42.53 13,058.286 D
Common Stock 03/02/2009 A 966(2) A $42.53 14,024.286 D
Common Stock 03/02/2009 F 1,175(2) D $42.53 12,849.286 D
Common Stock 03/02/2009 F 5,159(3) D $42.53 7,690.286 D
Common Stock 03/02/2009 S 1,347.4967(4) D $40.52 0 I Savings Plan
Common Stock 1 I By Jeff Welsh (son)
Common Stock 1 I By Thomas Welsh (son)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Rsup4 $1(1) 03/02/2009 C 1,406.609(2) 03/01/2009 03/01/2009 Common Stock 1,406.609 $0 0 D
Phantom 3/06d $1(1) 03/02/2009 C 1,299(6) 03/02/2006 03/02/2009 Common Stock 1,299 $0 0 D
Phantom / Retirement $1(1) 03/02/2009 C 1,299(6) (5) (5) Common Stock 1,299 $0 1,887.063 D
RSUP12 $1(1) 03/02/2009 A 1,402(7) 03/02/2012 03/02/2012 Common Stock 1,402 $41.41 1,402 D
Phantom 3/07d $1(1) 03/01/2007 03/01/2010 Common Stock 363.4 363.4 D
Rsup10 $1(1) 03/03/2011 03/03/2011 Common Stock 1,557 1,557 D
Rsup6 $1(1) 03/01/2010 03/01/2010 Common Stock 1,619 1,619 D
Explanation of Responses:
1. 1 for 1
2. 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.
3. This transaction reflects the sale of shares for taxes associated with the lapse of restricted stock, in accordance with a 10b5-1 Plan signed by Thomas M. Welsh on May 30, 2007.
4. This transaction was performed in accordance with a 10b5-1 Plan signed by Thomas M. Welsh on 5/30/2007.
5. This transaction reflects the extension and vesting of phantom stock to retirement or other termination of employment under arrangements approved by the Compensation Committee.
6. These transactions reflect the extension of the expiration date of phantom stock from 3/1/2009 to "retirement" under arrangements approved by the Compensation Committee and reflect the movement of stock from the Phantom 3/06D account to the "retirement" account.
7. On February 17, 2009,the Board approved a March 2, 2009 performance-adjusted restricted stock unit grant to Mr. Welsh in the amount of 2,804 shares, of which 50% or 1,402 shares will be payable on March 2, 2012. Of these shares, 1,402 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.
Edward J. Udovich, POA 03/04/2009
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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