MGE ENERGY INC — Director's Dealing 2012

Mar 8, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MGE ENERGY INC (MGEE)
CIK: 0001161728
Period of Report: 2012-03-06

Reporting Person: NEWMAN JEFFREY C (VP, CFO, Sec. & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-06	MGEE Common Stock	P	227.2376	$44.0068	Acquired	4800.8711	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
MGEE Common Stock	141.5437	Indirect
MGEE Common Stock	53.6027	Indirect
MGEE Common Stock	90.0079	Indirect

Footnotes

F1: Includes shares acquired through dividend reinvestment.

F2: By self as custodian for children.

F3: Represents vested beneficial interest in shares held in the company 401K.