Key facts
- This page summarizes Christine Walker's Form 4 filing for FIRSTENERGY CORP (FE).
- 4 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 05 Mar 2024, 19:24.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Tax liability
Disposed to Issuer
No transaction description listed
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Additional SEC filing notes
Footnote F1
This Form 4 is being filed to report the vesting, and automatic withholding for tax purposes, of performance-adjusted restricted stock units ("RSUs"), each of which represents a contingent right to receive an award payable 2/3 in shares of common stock of FirstEnergy Corp. (the "Company") ("Share-Based RSUs") and 1/3 in cash ("Cash-Based RSUs") following the vesting date. The satisfaction of the performance goals for the RSUs were certified by the Company's Board of Directors on February 7, 2024, as previously reported on a Form 4 filed on February 9, 2024, and the RSUs vested on March 1, 2024.
Footnote F2
The RSUs were granted under the FirstEnergy Corp. 2020 Incentive Compensation Plan and, therefore, the reporting person paid no price for the RSUs.
Footnote F3
Represents shares of common stock of the Company automatically withheld to cover tax obligations associated with the vesting of the RSUs described in footnote 1, which transaction is exempt under Rule 16b-3.
Footnote F4
Represents the deemed disposition to the Company of the common stock, net applicable withholding obligations, underlying the Cash-Based RSUs, described in footnote 1, which transaction is exempt under Rule 16b-3.
Footnote F5
The Company's 401(k) Savings Plan includes a unitized fund invested in shares of common stock of the Company, in which the reporting person may invest, and includes dividend reinvestment and company match features. The number of shares reported as indirectly held in the 401(k) Savings Plan in this row is an estimate of the number of shares of the Company's common stock held in the unitized stock fund and allocated to the reporting person's account as of February 29, 2024.