Mary Ellen Stanek - 01 Jan 2023 Form 4 Insider Report for WEC ENERGY GROUP, INC. (WEC)

Role
Director
Signature
Joshua M. Erickson, as attorney in fact
Issuer symbol
WEC
Transactions as of
01 Jan 2023
Net transactions value
-$123,823
Form type
4
Filing time
04 Jan 2023, 08:54:28 UTC
Previous filing
11 Oct 2022
Next filing
05 Jan 2023

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 Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $123,823 -1,311 -3.4% $94.43 36,785 01 Jan 2023 Common Stock 1,311 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-for-one.
F2 These phantom stock units were accrued under the WEC Energy Group, Inc. Director's Deferred Compensation Plan (DDCP) and represent an in-service distribution elected by the reporting person pursuant to the terms of the plan.
F3 These phantom stock units were accrued under the DDCP and are to be settled in accordance with the terms of the plan.
F4 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.

Remarks:

Exhibit List: Exhibit 24-Power of Attorney