Margaret C. Kelsey - Mar 5, 2024 Form 4 Insider Report for WEC ENERGY GROUP, INC. (WEC)

Role
Executive VP & General Counsel
Signature
Joshua M. Erickson, as attorney in fact
Stock symbol
WEC
Transactions as of
Mar 5, 2024
Transactions value $
$70,853
Form type
4
Date filed
3/7/2024, 11:39 AM
Previous filing
Jan 8, 2024

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 $70.9K +889 +25.34% $79.73 4.4K Mar 5, 2024 Common Stock 889 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.