SEC Form 4 · accession 0000107815-16-000186
WEC ENERGY GROUP, INC. · WEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allen L Leverett
Officer — President
Period of report
Jan 4, 2016
Accepted (ET)
Jan 6, 2016 · 6:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000783325
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 4, 2016 | F | 1,016 | $50.925 | D | 52,302 | D | |
| Common StockF1 | Jan 4, 2016 | F | 925 | $50.925 | D | 51,377 | D | |
| Common StockF1 | Jan 4, 2016 | F | 793 | $50.925 | D | 50,584 | D | |
| Common Stock | Jan 4, 2016 | A | 7,173 | $0.00 | A | 52,984 | D | |
| Common StockF3 | holding | — | — | — | 2,885 | I | ERSP | |
| Common StockF1 | holding | — | — | — | 18,082 | I | by Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to buy)F2 | $50.925 | Jan 4, 2016 | A | 82,455 | A | Jan 4, 2019 | Jan 4, 2026 | Common Stock | 82,455 | 82,455 | D |
Explanation of responses
- F1Upon the vesting of restricted stock granted to the reporting person on January 2, 2013, 2014 and 2015 respectively, the net shares received after taxes (4,773 shares) were transferred to the reporting person's trust account.
- F2Options vest 100% on the date indicated.
- F3Includes shares acquired under WEC Energy Group, Inc.'s Employee Retirement Savings Plan (ERSP) in transactions exempt from Section 16(b) pursuant to Rule 16b-3(c) and exempt from reporting pursuant to Rule 16a-3(f)(1)(i)(B). The number of shares in the ERSP attributable to any one participant varies with the price of the Common Stock. The information in this report is based on a plan statement dated as of December 31, 2015.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney