Xia Liu - Mar 7, 2023 Form 4 Insider Report for WEC ENERGY GROUP, INC. (WEC)

Role
EVP and CFO
Signature
Joshua M. Erickson, as attorney in fact
Stock symbol
WEC
Transactions as of
Mar 7, 2023
Transactions value $
$97,661
Form type
4
Date filed
3/9/2023, 01:14 PM
Previous filing
Jan 6, 2023
Next filing
Apr 3, 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 Award $97.7K +1.1K +133.62% $88.87 1.92K Mar 7, 2023 Common Stock 1.1K Direct F1, F2, F3
* 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. Nonqualified Retirement Savings Plan (NQRSP). Phantom stock units accrued under the NQRSP are settled following the reporting person's retirement or other termination of employment.
F3 Includes phantom stock units accrued pursuant to a dividend reinvestment feature of the NQRSP in transactions exempt from Section 16 pursuant to Rule 16a-11.