Sec Form 4 Filing - K. Jon Taylor @ FIRSTENERGY CORP - 2017-03-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
K. Jon Taylor
2. Issuer Name and Ticker or Trading Symbol
FIRSTENERGY CORP [ FE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP, Controller & CAO
(Last) (First) (Middle)
76 SOUTH MAIN STREET
3. Date of Earliest Transaction (MM/DD/YY)
03/01/2017
(Street)
AKRON, OH44308
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/01/2017 M 14,358.16 ( 1 ) A 21,991.036 ( 3 ) D
Common Stock 03/01/2017 D 13,697.684 ( 4 ) D 8,293.352 ( 3 ) D
Common Stock 03/01/2017 F 660.476 ( 1 ) D $ 31.74 7,632.876 ( 3 ) D
Common Stock 2,205.855 ( 5 ) I By Savings Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
RSUP19 ( 6 ) 03/01/2017 M 14,358.16 ( 1 ) ( 1 ) ( 1 ) Common Stock 14,358.16 ( 2 ) 0 D
Phantom 3/17D ( 6 ) 03/01/2017 A 13,697.684 ( 7 ) ( 7 ) Common Stock 13,697.684 ( 4 ) 15,155.407 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
K. Jon Taylor
76 SOUTH MAIN STREET
AKRON, OH44308
VP, Controller & CAO
Signatures
Jennifer L. Geyer, attorney-in-fact 03/03/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The amount listed in Table II represents the vesting of the RSUP19 award. The award vested on March 1, 2017. The shares coded "F" were automatically withheld to cover income tax obligations associated with the payout. Amounts also include dividend reinvestment.
( 2 )1 for 1. The RSUP19 award was previously granted for $0.00 consideration under the FirstEnergy Corp. 2007 Incentive Plan.
( 3 )Balance includes shares acquired through dividend reinvestment.
( 4 )This transaction reflects the deferral of the RSUP19 award. As a result, the reporting person is reporting the disposition of shares of common stock in exchange for an equal number of shares of phantom stock. The phantom stock becomes payable in cash upon retirement or other termination of employment under arrangements approved by the Compensation Committee.
( 5 )FE's 401(k) Savings Plan includes a unitized fund invested in FE 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 the 401(k) Plan in this row is an estimate of the number of shares of FE's common stock held in the unitized stock fund and allocated to the reporting person's account as of January 31, 2017.
( 6 )1 for 1
( 7 )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.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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