-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UUd77o5UC0dgdMD4sTiapPa4A/ofn/tf5C0iTcxsXlJUJWpZEqtBHK3pSQ4S3KL9 l0MgH009GUovE/4t2o3lBw== 0001031296-08-000073.txt : 20080305 0001031296-08-000073.hdr.sgml : 20080305 20080305140828 ACCESSION NUMBER: 0001031296-08-000073 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080303 FILED AS OF DATE: 20080305 DATE AS OF CHANGE: 20080305 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CLARK MARK T CENTRAL INDEX KEY: 0001278897 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 333-21011 FILM NUMBER: 08667267 BUSINESS ADDRESS: BUSINESS PHONE: 3307614264 MAIL ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FIRSTENERGY CORP CENTRAL INDEX KEY: 0001031296 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 341843785 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 BUSINESS PHONE: 330-761-7837 MAIL ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 4 1 doc.xml PRIMARY DOCUMENT X0202 4 2008-03-03 0001031296 FIRSTENERGY CORP FE 0001278897 CLARK MARK T 76 SOUTH MAIN STREET AKRON OH 44308 0 1 0 0 Executive VP, Strategic Plan Common Stock 2008-03-03 4 M 0 1253 67.59 A 74011 D Common Stock 2008-03-03 4 M 0 4056.233 68.52 A 78067.233 D Common Stock 2008-03-03 4 A 0 2758 68.52 A 80825.233 D Common Stock 2008-03-03 4 F 0 598 67.59 D 80227.233 D Common Stock 2008-03-03 4 F 0 3251 68.52 D 76976.233 D Common Stock 2008-03-03 2008-03-03 4 S 0 121.833 66.8 D 0 I In Savings Plan Phantom / Retirement 1 Common Stock 2861.885 2861.885 D Phantom 3/05D 1 2008-03-03 4 M 0 1253 67.59 D 2005-02-26 2008-03-01 Common Stock 1253 0 D Phantom 3/06D 1 2006-03-02 2009-03-02 Common Stock 3036.606 3036.606 D RSUP1 1 2008-03-03 4 M 0 4056.233 68.52 D 2008-03-01 2008-03-01 Common Stock 4056.233 0 D RSUP10 1 2008-03-03 2008-03-03 4 A 0 6006 66.81 A 2011-03-03 2011-03-03 Common Stock 6006 6006 D RSUP4 1 2009-03-01 2009-03-01 Common Stock 4548.967 4548.967 D RSUP6 1 2010-03-01 2010-03-01 Common Stock 5656.125 5656.125 D Stock Options (Right to buy) 38.76 2005-03-01 2014-03-01 Common Stock 5075 5075 D This transaction reflects the extension and vesting of phantom stock to retirement or other termination of employment under arrangements approved by the Compensation Committee. This transaction was performed in accordance with a 10b5-1 Plan signed by Mark Clark on April 6, 2007. 1 for 1 These transactions reflect the conversion of stock originally deferred for three years, and held in the Phantom 3/05 account, to directly-held common stock. Shares were sold to cover tax obligations. On February 19, 2008 the Board approved a March 3, 2008 performance-adjusted restricted stock unit grant to Mr. Clark in the amount of 8,008 shares, of which 75% or 6,006 shares will be payable on March 3, 2011. 2,002 shares are subject to forfeiture if the performance goals are not met. The full grant can be adjusted upward by an additional 25% if the 3-year goals are achieved. The RSUP1 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 3, 2008, 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. Edward J. Udovich, POA 2008-03-05 -----END PRIVACY-ENHANCED MESSAGE-----