Jon Taylor K. - Mar 1, 2023 Form 4 Insider Report for FIRSTENERGY CORP (FE)

Role: SVP, CFO and Strategy
Signature: /s/ Daniel M. Dunlap, attorney-in-fact
Stock symbol: FE
Transactions as of: Mar 1, 2023
Transactions value $: $1,854,407
Form type: 4
Date filed: 3/6/2023, 06:07 AM
Previous filing: Feb 13, 2023
Next filing: Feb 9, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FE	Common Stock	Award	$2M	+51.4K	+179.1%	$38.95	80K	Mar 1, 2023	Direct	F2, F3
transaction	FE	Common Stock	Disposed to Issuer		-4.85K	-6.06%		75.2K	Mar 1, 2023	Direct	F3, F4, F5
transaction	FE	Common Stock	Options Exercise		+12.1K	+59.68%		32.4K	Mar 1, 2023	Direct	F3, F5, F6
transaction	FE	Common Stock	Tax liability	-$146K	-3.74K	-11.54%	$38.95	28.7K	Mar 1, 2023	Direct	F3, F6
holding	FE	Common Stock						4.31K	Mar 1, 2023	By Savings Plan	F1

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	Phantom 3/23D	Award		+4.85K			4.85K	Mar 1, 2023	Common Stock	4.85K		Direct	F5, F7, F8
transaction	FE	15PSUS20	Options Exercise		-12.1K	-100%		0	Mar 1, 2023	Common Stock	12.1K		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	Restricted stock was granted pursuant to an award agreement effective on March 1, 2023.
F3	Balance includes restricted stock and shares acquired through dividend reinvestments.
F4	This transaction represents the deferral of the 15PSUS20 award. As a result, the reporting person is reporting the disposition of common stock which is described below.
F5	1 for 1. The 15PSUS20 award was previously granted for $0.00 under the FirstEnergy Corp. 2015 Incentive Compensation Plan.
F6	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.
F7	1 for 1
F8	This holding reflects phantom stock payable in cash upon retirement or other termination of employment under the FirstEnergy Corp. Executive Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of common stock.