SEC Form 4 · accession 0000107815-19-000117
WEC ENERGY GROUP, INC. · WEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gale E Klappa
Officer — Executive Chairman · Director
Period of report
Feb 19, 2019
Accepted (ET)
Feb 21, 2019 · 6:44 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 | Feb 19, 2019 | M | 34,007 | $37.46 | A | 235,308 | D | |
| Common StockF2,F1 | Feb 19, 2019 | S | 34,007 | $74.8967 | D | 201,301 | D | |
| Common StockF1 | Feb 20, 2019 | M | 15,519 | $37.46 | A | 216,820 | D | |
| Common StockF3,F1 | Feb 20, 2019 | S | 15,519 | $75.0275 | D | 201,301 | 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 | Feb 19, 2019 | M | 34,007 | D | Jan 2, 2016 | Jan 2, 2023 | Common Stock | 34,007 | 146,303 | D |
| Stock Option (right to buy) | $37.46 | Feb 20, 2019 | M | 15,519 | D | Jan 2, 2016 | Jan 2, 2023 | Common Stock | 15,519 | 130,784 | 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 $74.85 to $74.96, 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 $74.9700 to $75.1400, inclusive. The reporting person undertakes to provide to 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.
- 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 January 31, 2019.