Jeffrey M. Keebler - Mar 1, 2024 Form 4 Insider Report for MGE ENERGY INC (MGEE)

Role
Chairman, President & CEO
Signature
Jeffrey M. Keebler
Stock symbol
MGEE
Transactions as of
Mar 1, 2024
Transactions value $
-$19,678
Form type
4
Date filed
3/5/2024, 10:47 AM
Previous filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGEE Common Stock Tax liability -$88.7K -1.39K -11.23% $63.64 11K Mar 1, 2024 Direct F1
transaction MGEE Common Stock Award $0 +5.16K +46.85% $0.00 16.2K Mar 1, 2024 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 Phantom Stock Units Award $69K +1.09K +64.79% $63.19 2.78K Mar 1, 2024 common stock 1.09K Direct F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes adjustments for accrued dividends pursuant to dividend reinvestment and exempt from Sec 16 under Rule 16a-11.
F2 Represents restricted stock units (RSU's) which are converted to common stock on a one-to-one basis when vested. The RSU's vest on December 31, 2026.
F3 Each phantom stock unit has an equivalent value to one share of MGEE common stock and entitles the holder to the cash value thereof.
F4 Phantom stock units are accrued under MGE's 2023 Deferred Compensation Supplemental Executive Retirement Plan (2023 DCSERP) and are to be settled in accordance with the terms of the plan.
F5 Aggregate amount of phantom stock units held under the 2023 DCSERP.