Thomas K. Lane - Jan 2, 2025 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, 2025
Transactions value $: $0
Form type: 4
Date filed: 1/6/2025, 07:18 PM
Previous filing: Oct 10, 2024
Next filing: Jan 10, 2025

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WEC	Common Stock	Award	$0	+1.69K	+45.25%	$0.00	5.43K	Jan 2, 2025	Direct	F1
transaction	WEC	Common Stock	Disposed to Issuer		-1.95K	-35.97%		3.48K	Jan 2, 2025	Direct	F1, F2, F3
holding	WEC	Common Stock						7.72K	Jan 2, 2025	By LLC	F4
holding	WEC	Common Stock						15	Jan 2, 2025	By spouse's revocable trust
holding	WEC	Common Stock						15	Jan 2, 2025	By revocable trust
holding	WEC	Common Stock						15	Jan 2, 2025	By family trust	F5

Showing 1 to 6 of 6 entries

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		+1.95K	+17.33%		13.2K	Jan 2, 2025	Common Stock	1.95K		Direct	F2, F6, F7, F8

* 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 Mr. Lane on January 2, 2024, Mr. Lane deferred receipt of 1,954.9274, shares of common stock and instead received 1,954.9274 phantom stock units pursuant to the Directors Deferred Compensation Plan (DDCP). As a result, Mr. Lane is reporting the disposition of 1,954.9274 shares of common stock in exchange for an equal number of phantom stock units.
F3	The Form 4 filed on January 5, 2023 inadvertently overstated Mr. Lane's direct holdings of common stock by including his indirect holdings in the total amount of his direct holdings. This error was carried over in the Form 4 filed on January 4, 2024. In each year, Mr. Lane's indirect holdings were correctly reported. Mr. Lane's direct holdings on January 3, 2023 (the date of the transaction reported) were 3,276.1952. Mr. Lane's direct holdings on January 3, 2024 (the date of the transaction reported) were 3,617.6273.
F4	These shares are owned by Lane Ventures LLC, which is owned by the 2019 Lane GST Exempt Trust and another family trust; both trusts are for the benefit of the reporting person's immediate family members. The reporting person's spouse is a trustee of both trusts. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F5	These shares are held by the 2019 Lane GST Exempt Trust for the benefit of the reporting person's immediate family members. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F6	One-for-one.
F7	These phantom stock units were accrued under the DDCP and are to be settled in accordance with the terms of the plan.
F8	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.