Jeffrey M. Keebler - Mar 3, 2023 Form 4 Insider Report for MGE ENERGY INC (MGEE)

Signature
/s/ Jeffrey M. Keebler
Stock symbol
MGEE
Transactions as of
Mar 3, 2023
Transactions value $
$20,638
Form type
4
Date filed
3/7/2023, 09:44 AM
Previous filing
Mar 3, 2023
Next filing
Dec 12, 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 Phantom Stock Units Award $20.6K +290 $71.25 290 Mar 3, 2023 Common Stock 290 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom stock unit has an equivalent value to one share of MGEE common stock and entitles the holder to the cash value thereof.
F2 Phantom stock units were accrued under MGE's 2023 Deferred Compensation Supplemental Executive Retirement Plan (DC SERP) and are to be settled in accordance with the terms of the plan.