Mark D. Bugher - Mar 1, 2023 Form 4 Insider Report for MGE ENERGY INC (MGEE)

Role
Director
Signature
/s/ Mark D. Bugher
Stock symbol
MGEE
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 11:02 AM
Previous filing
Aug 17, 2022
Next filing
May 18, 2023

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 Award $0 +1.14K $0.00 1.14K Mar 1, 2023 Common Stock 1.14K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Director can elect stock or has the option to be paid out 25% in cash.
F2 Represents restricted stock units (RSUs) which are converted to common stock on a one-to-one basis when vested. The RSUs vest on December 31, 2025.