Danny L. Cunningham - Jan 4, 2022 Form 4 Insider Report for WEC ENERGY GROUP, INC. (WEC)

Role
Director
Signature
Joshua M. Erickson, as attorney in fact
Stock symbol
WEC
Transactions as of
Jan 4, 2022
Transactions value $
$0
Form type
4
Date filed
1/6/2022, 05:47 PM
Previous filing
Jan 5, 2022
Next filing
Jan 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEC Common Stock Disposed to Issuer -1.58K -20.66% 6.08K Jan 4, 2022 Direct F1, 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 Phantom Stock Units Award +1.58K +26.42% 7.58K Jan 4, 2022 Common Stock 1.58K Direct F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the vesting of restricted stock granted to the reporting person on January 4, 2021, the reporting person deferred receipt of 1,584.4195 shares of common stock and instead received 1,584.4195 phantom stock units pursuant to the Directors Deferred Compensation Plan (DDCP). As a result, the reporting person is reporting the disposition of 1,584.4195 shares of common stock in exchange for an equal number of phantom stock units.
F2 Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11.
F3 One-for-one.
F4 These phantom stock units were accrued under the DDCP and are to be settled in accordance with the terms of the plan.
F5 Includes phantom stock units accrued pursuant to a dividend reinvestment feature of the DDCP in transactions exempt from Section 16 pursuant to Rule 16a-11.