Yes, under the presentation tab of your plan you can adjust how the price displays with the "Price display of plan (default: [AUTOMATIC])" parameter.
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The first period and price substitutions only function if you supplied a first period and price for your plan under the pricing tab. In your case you'd just use something like "$10/mo for 12 months".
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Seams to be working fine in my tests. What is it displaying as for you? Not substituting anything at all or is it displaying literally [FIRSTPERIOD] and [FIRSTPRICE]?
Kyle (Krileon) Community Builder Team Member Before posting on forums:
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-- Please note I am available Monday - Friday from 8:00 AM CST to 4:00 PM CST. I am away on weekends (Saturday and Sunday) and if I've missed your post on or before a weekend after business hours please wait for the next following business day (Monday) and will get to your issue as soon as possible, thank you.
-- My role here is to provide guidance and assistance. I cannot provide custom code for each custom requirement. Please do not inquire me about custom development.