Maria C. Green - Jan 2, 2024 Form 4 Insider Report for WEC ENERGY GROUP, INC. (WEC)

Role
Director
Signature
Joshua M. Erickson, as attorney in fact
Stock symbol
WEC
Transactions as of
Jan 2, 2024
Transactions value $
$0
Form type
4
Date filed
1/4/2024, 06:42 PM
Previous filing
May 8, 2023
Next filing
Apr 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEC Common Stock Award $0 +1.88K +107.72% $0.00 3.63K Jan 2, 2024 Direct F1
transaction WEC Common Stock Disposed to Issuer -1.66K -45.77% 1.97K Jan 3, 2024 Direct 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 Phantom Stock Units Award +1.66K +32.64% 6.75K Jan 3, 2024 Common Stock 1.66K Direct F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11.
F2 In connection with the vesting of restricted stock granted to the reporting person on January 3, 2023, the reporting person deferred receipt of 1,661.1272, shares of common stock and instead received 1,661.1272 phantom stock units pursuant to the Directors Deferred Compensation Plan (DDCP). As a result, the reporting person is reporting the disposition of 1,661.1272 shares of common stock in exchange for an equal number of phantom stock units.
F3 One-for-one.
F4 These phantom stock units were accrued under the DDCP and are to be settled in accordance with the terms of the plan.
F5 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.