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

Role: Special Adviser to CEO
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.

Content

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.

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.