SEC Form 4 · accession 0000107815-19-000073
WEC ENERGY GROUP, INC. · WEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Curt S Culver
Director
Period of report
Jan 4, 2019
Accepted (ET)
Jan 8, 2019 · 5:15 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, 2019 | D | 2,713 | — | D | 1,981 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1,F4,F2,F3 | — | Jan 4, 2019 | A | 2,713 | A | — | — | Common Stock | 2,713 | 99,986 | D |
Explanation of responses
- F1Upon the vesting of restricted stock granted to the reporting person on January 4, 2016, the reporting person deferred receipt of 2,713.2234 shares of common stock and instead received 2,713.2234 phantom stock units pursuant to the Directors Deferred Compensation Plan (DDCP). As a result, the reporting person is reporting the disposition of 2,713.2234 shares of common stock in exchange for an equal number of phantom stock units.
- F2One-for-one.
- F3These phantom stock units were accrued under the DDCP and are to be settled in accordance with the terms of the plan.
- F4Includes phantom stock units accrued pursuant to a dividend reinvestment feature of the DDCP in transactions exempt from Section 16 pursuant to Rule 16a-11.