Charles R. Matthews - Jun 1, 2022 Form 4 Insider Report for WEC ENERGY GROUP, INC. (WEC)

Signature
Joshua M. Erickson, as attorney in fact
Stock symbol
WEC
Transactions as of
Jun 1, 2022
Transactions value $
-$388,851
Form type
4
Date filed
6/3/2022, 02:52 PM
Previous filing
Jan 6, 2022
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEC Common Stock Options Exercise $727K +10.7K +497.02% $68.18 12.8K Jun 1, 2022 Direct
transaction WEC Common Stock Sale -$1.12M -10.7K -83.25% $104.63 2.15K Jun 1, 2022 Direct F1
holding WEC Common Stock 11.8 Jun 1, 2022 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 -10.7K -100% $0.00* 0 Jun 1, 2022 Common Stock 10.7K $68.18 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 $104.36 to $105.11, 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 June 1, 2022.