James G. Berbee - Dec 31, 2023 Form 4 Insider Report for MGE ENERGY INC (MGEE)

Role
Director
Signature
James G Berbee
Stock symbol
MGEE
Transactions as of
Dec 31, 2023
Transactions value $
$0
Form type
4
Date filed
1/2/2024, 02:22 PM
Previous filing
Dec 7, 2023
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGEE Common Stock Options Exercise +760 +8.99% 9.22K Dec 31, 2023 Direct F1, 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 MGEE Restricted Stock Units Options Exercise $0 -760 -100% $0.00* 0 Dec 31, 2023 common stock 760 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 19, 2021, the reporting person was granted 760 restricted stock units (RSU's) that vested on December 31, 2023. The reporting person could elect to receive 25% of the award in cash but did not make that election.
F2 Includes adjustments for accrued dividends pursuant to dividend reinvestment and exempt from Sec 16 under Rule 16a-11
F3 Represents RSU's which are converted to common stock on a one-to-one basis when vested.