SEC Form 4 · accession 0000107815-17-000042
WEC ENERGY GROUP, INC. · WEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allen L Leverett
Officer — President and CEO · Director
Period of report
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 8:42 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 3, 2017 | M | 29,715 | $29.3475 | A | 78,247 | D | |
| Common StockF1 | Jan 3, 2017 | S | 29,715 | $58.3211 | D | 48,532 | D | |
| Common StockF2 | Jan 3, 2017 | F | 1,049 | $58.77 | D | 45,852 | D | |
| Common StockF3 | Jan 3, 2017 | F | 788 | $58.77 | D | 43,584 | D | |
| Common Stock | Jan 3, 2017 | A | 12,975 | $0.00 | A | 56,559 | D | |
| Common StockF2,F3 | holding | — | — | — | 25,997 | I | by Trusts | |
| Common StockF4 | holding | — | — | — | 2,980 | 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)F1 | $29.3475 | Jan 3, 2017 | M | 29,715 | D | Jan 3, 2014 | Jan 3, 2021 | Common Stock | 29,715 | 0 | D |
| Stock Option (right to buy)F5 | $58.305 | Jan 3, 2017 | A | 130,640 | A | Jan 3, 2020 | Jan 3, 2027 | Common Stock | 130,640 | 130,640 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 2, 2016.
- F2Upon the vesting of restricted stock granted to the reporting person on January 2, 2014, the net shares received after taxes (1,631 shares) were transferred to the reporting person's trust account.
- F3Upon the vesting of restricted stock granted to the reporting person on January 2, 2015, the net shares received after taxes (1,480 shares) were transferred to the reporting person's trust account.
- F4Includes 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, 2016.
- F5Options vest 100% on the date indicated.