GALE E. KLAPPA - 29 Feb 2024 Form 4 Insider Report for WEC ENERGY GROUP, INC. (WEC)

Role: Executive Chairman, Director
Signature: Joshua M. Erickson, as attorney in fact.
Issuer symbol: WEC
Transactions as of: 29 Feb 2024
Net transactions value: -$280,855
Form type: 4
Filing time: 04 Mar 2024, 20:00:06 UTC
Previous filing: 02 Feb 2024
Next filing: 19 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WEC	Common Stock	Options Exercise	$1,966,636	+37,180	+14%	$52.90	311,962	29 Feb 2024	Direct
transaction	WEC	Common Stock	Sale	$2,925,605	-37,180	-12%	$78.69	274,782	29 Feb 2024	Direct	F1
transaction	WEC	Common Stock	Options Exercise	$678,114	+12,820	+4.7%	$52.90	287,602	29 Feb 2024	Direct
holding	WEC	Common Stock						4,150	29 Feb 2024	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	-37,180	-74%	$0.000000	12,820	29 Feb 2024	Common Stock	37,180	$52.90	Direct
transaction	WEC	Stock Option (right to buy)	Options Exercise	$0	-12,820	-100%	$0.000000^*	0	29 Feb 2024	Common Stock	12,820	$52.90	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 $78.65 to $78.75, inclusive. The reporting person undertakes to provide to 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, 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 February 29, 2024.

Content

This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.65 to $78.75, inclusive. The reporting person undertakes to provide to 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, 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 February 29, 2024.