SEC Form 4 · accession 0000107815-16-000318
WEC ENERGY GROUP, INC. · WEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan H. Martin
Officer — Executive VP & General Counsel
Period of report
May 9, 2016
Accepted (ET)
May 11, 2016 · 4:35 pm EDT
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 Stock | May 9, 2016 | M | 3,390 | $29.3475 | A | 17,868 | D | |
| Common Stock | May 9, 2016 | M | 6,530 | $34.875 | A | 24,398 | D | |
| Common StockF1,F2 | May 9, 2016 | S | 9,920 | $59.886 | D | 14,478 | D | |
| Common StockF3 | holding | — | — | — | 4,746 | I | ERSP |
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) | $29.3475 | May 9, 2016 | M | 3,390 | D | Jan 3, 2014 | Jan 3, 2021 | Common Stock | 3,390 | 0 | D |
| Stock Option (right to buy) | $34.875 | May 9, 2016 | M | 6,530 | D | Jan 3, 2015 | Jan 3, 2022 | Common Stock | 6,530 | 0 | D |
Explanation of responses
- F1This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.8489 to $59.92, inclusive. The reporting person undertakes to provide WEC Energy Group ("WEC"), any security holder of WEC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- F2Includes shares acquired pursuant to a dividend reinvestment feature of WEC's Stock Plus Investment Plan in transactions exempt from Section 16 pursuant to Rule 16a-11.
- F3Includes shares acquired under WEC'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 April 30, 2016.