Charles R. Matthews - May 10, 2021 Form 4 Insider Report for WEC ENERGY GROUP, INC. (WEC)

Role: President & CEO - PGL/NSG
Signature: Lauren Hurley, as attorney in fact
Stock symbol: WEC
Transactions as of: May 10, 2021
Transactions value $: -$344,902
Form type: 4
Date filed: 5/12/2021, 04:35 PM
Next filing: May 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WEC	Common Stock	Options Exercise	$698K	+10.6K	+479.6%	$66.02	12.8K	May 10, 2021	Direct
transaction	WEC	Common Stock	Sale	-$1.04M	-10.6K	-82.75%	$98.61	2.21K	May 10, 2021	Direct	F1
holding	WEC	Common Stock						11.3	May 10, 2021	ERSP	F2

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	WEC	Stock Option (right to buy)	Options Exercise	$0	-10.6K	-100%	$0.00^*	0	May 10, 2021	Common Stock	10.6K	$66.02	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.25 to $99.03, inclusive. The reporting person undertakes to provide to WEC Energy Group (WEC), any security holder of WEC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F2	Includes shares acquired under WEC Energy Group's Employee Retirement Savings Plan ("ERSP") in transactions exempt from Section 16(b) pursuant to Rule 16b-3(c) and exempt from reporting pursuant to Rule 16a-3(f)(1)(i)(B). The number of shares in the ERSP attributable to any one participant varies with the price of the Common Stock. The information in this report is based on a plan statement dated as of April 30, 2021.

Content

This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.25 to $99.03, inclusive. The reporting person undertakes to provide to WEC Energy Group (WEC), any security holder of WEC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

Includes shares acquired under WEC Energy Group's Employee Retirement Savings Plan ("ERSP") in transactions exempt from Section 16(b) pursuant to Rule 16b-3(c) and exempt from reporting pursuant to Rule 16a-3(f)(1)(i)(B). The number of shares in the ERSP attributable to any one participant varies with the price of the Common Stock. The information in this report is based on a plan statement dated as of April 30, 2021.