Molly A. Mulroy - 03 Jan 2023 Form 4 Insider Report for WEC ENERGY GROUP, INC. (WEC)

Role
EVP & Chief Admin Officer
Signature
Joshua M. Erickson, as attorney in fact
Issuer symbol
WEC
Transactions as of
03 Jan 2023
Net transactions value
-$18,551
Form type
4
Filing time
05 Jan 2023, 20:58:33 UTC
Previous filing
23 May 2022
Next filing
06 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEC Common Stock Award $0 +1,245 +79% $0.000000 2,826 03 Jan 2023 Direct F1
transaction WEC Common Stock Tax liability $18,551 -198 -7% $93.69 2,628 03 Jan 2023 Direct
holding WEC Common Stock 3,330 03 Jan 2023 By revocable trust F1
holding WEC Common Stock 3,948 03 Jan 2023 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) Award $0 +8,320 $0.000000 8,320 03 Jan 2023 Common Stock 8,320 $93.69 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the transfer of 262 shares to the reporting person's revocable trust, which resulted in a change in the form of beneficial ownership from direct to indirect.
F2 Includes shares acquired under WEC Energy Group, Inc.'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 December 31, 2022.
F3 Options vest 100% on the date indicated.

Remarks:

Exhibit List: Exhibit 24-Power of Attorney