Christine Walker - 01 Mar 2023 Form 4 Insider Report for FIRSTENERGY CORP (FE)

Signature
/s/ Daniel M. Dunlap, attorney-in-fact
Issuer symbol
FE
Transactions as of
01 Mar 2023
Net transactions value
-$121,984
Form type
4
Filing time
06 Mar 2023, 06:06:35 UTC
Previous filing
13 Feb 2023
Next filing
29 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FE Common Stock Options Exercise +9,118 +21% 51,739 01 Mar 2023 Direct F2, F3, F4
transaction FE Common Stock Tax liability $121,984 -3,132 -6.8% $38.95 42,621 01 Mar 2023 Direct F2, F4
transaction FE Common Stock Disposed to Issuer -2,280 -4.4% 49,459 01 Mar 2023 Direct F4, F5
holding FE Common Stock 6,479 01 Mar 2023 By Savings Plan F1
holding FE Common Stock 54 01 Mar 2023 By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FE 15PSUS20 Options Exercise -9,118 -100% 0 01 Mar 2023 Common Stock 9,118 Direct F2, F3, F6
transaction FE Phantom 3/23D Award +2,280 2,280 01 Mar 2023 Common Stock 2,280 Direct F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 FirstEnergy Corp.'s 401(k) Savings Plan includes a unitized fund invested in FirstEnergy Corp. stock, in which the reporting person may invest, and includes dividend reinvestment and company match features. The number of shares reported as indirectly held in FirstEnergy Corp.'s 401(k) Savings Plan in this row is an estimate of the number of shares of FirstEnergy Corp.'s common stock held in the unitized stock fund and allocated to the reporting person's account as of Dec 31, 2022.
F2 Represents the vesting of the 15PSUS20 award. The award vested on March 1, 2023. The shares coded "F" were automatically withheld to cover tax obligations associated with the payout. Amounts also include dividend reinvestments.
F3 1 for 1. The 15PSUS20 award was previously granted for $0.00 under the FirstEnergy Corp. 2015 Incentive Compensation Plan.
F4 Balance includes shares acquired through dividend reinvestments.
F5 This transaction represents the deferral of the 15PSUS20 award. As a result, the reporting person is reporting the disposition of common stock in exchange for an equal number of shares of phantom stock described above.
F6 1 for 1
F7 This holding reflects phantom stock payable in cash upon retirement or other termination of employment under the FirstEnergy Corp. Amended and Restated Executive Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of common stock.