X0303 4 2011-05-10 0001031296 FIRSTENERGY CORP FE 0001221442 JOHNSON JULIA L 76 SOUTH MAIN ST AKRON OH 44308 1 Common Stock 2011-05-10 4 A 0 509 42.269 A 18506.087 D Phantom Stock Common Stock 7065.039 7065.039 D Upon completion of the merger pursuant to which Element Merger Sub, Inc., a wholly owned subsidiary of FirstEnergy Corp. ("FirstEnergy"), merged with and into Allegheny Energy, Inc. ("Allegheny Energy") with Allegheny Energy becoming a wholly owned subsidiary of FirstEnergy (the "Merger"), FirstEnergy issued to Allegheny Energy stockholders 0.667 of a share of FirstEnergy common stock for each share of Allegheny Energy common stock held prior to the merger. On the effective date of the Merger, the closing price of FirstEnergy's common stock was $37.75. In accordance with the terms and conditions of the FirstEnergy Corp. Deferred Compensation Plan for Outside Directors. Each share of phantom stock is the economic equivalent of one share of FirstEnergy Corp. common stock. The phantom stock units were converted upon the FirstEnergy Corp./Allegheny Energy, Inc. merger based on an exchange ratio of 0.667 of a share of FirstEnergy Corp. common stock for each share of Allegheny Enercy, Inc. common stock and are payable in cash upon separation/termination from FirstEnergy Corp. Board. Edward J. Udovich, POA 2011-05-11