SEC Form 4 · accession 0000107815-18-000303
WEC ENERGY GROUP, INC. · WEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gale E Klappa
Officer — Chairman and CEO · Director
Period of report
Nov 30, 2018
Accepted (ET)
Dec 4, 2018 · 5:33 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 | Nov 30, 2018 | M | 40,000 | $37.46 | A | 250,489 | D | |
| Common StockF2,F1 | Nov 30, 2018 | S | 40,000 | $72.3283 | D | 210,489 | D | |
| Common StockF1 | Dec 3, 2018 | M | 10,000 | $37.46 | A | 220,489 | D | |
| Common StockF3,F1 | Dec 3, 2018 | S | 10,000 | $72.48 | D | 210,489 | D | |
| Common StockF4 | holding | — | — | — | 3,570 | 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) | $37.46 | Nov 30, 2018 | M | 40,000 | D | Jan 2, 2016 | Jan 2, 2023 | Common Stock | 40,000 | 240,310 | D |
| Stock Option (right to buy) | $37.46 | Dec 3, 2018 | M | 10,000 | D | Jan 2, 2016 | Jan 2, 2023 | Common Stock | 10,000 | 230,310 | D |
Explanation of responses
- F1Includes shares acquired pursuant to dividend reinvestment 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 $72.0400 to $72.5200, inclusive. The reporting person undertakes to provide to 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.
- F3This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.45 to $72.5100, inclusive. The reporting person undertakes to provide to 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
- F4Includes 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 November 30, 2018.