SEC Form 4 · accession 0000107815-16-000331
WEC ENERGY GROUP, INC. · WEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joan M Shafer
Officer — Exec VP-HR & Org Effectiveness
Period of report
May 25, 2016
Accepted (ET)
May 26, 2016 · 5:00 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 StockF1 | May 25, 2016 | M | 15,990 | $24.0175 | A | 23,831 | D | |
| Common StockF2,F1 | May 25, 2016 | S | 15,990 | $58.6691 | D | 7,841 | D | |
| Common StockF3 | holding | — | — | — | 2,030 | 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) | $24.0175 | May 25, 2016 | M | 15,990 | D | Jan 2, 2011 | Jan 2, 2018 | Common Stock | 15,990 | 0 | D |
Explanation of responses
- F1Includes shares acquired pursuant to a dividend reinvestment feature of WEC Energy Group's ("WEC") Stock Plus Investment Plan in transactions exempt from Section 16 pursuant to Rule 16a-11.
- F2This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.50 to $58.83, inclusive. The reporting person undertakes to provide 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.
- 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.