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WEC ENERGY GROUP, INC. Director's Dealing 2011

Jan 5, 2011

30110_dirs_2011-01-05_dc1777fb-e029-4d49-985e-24df5018182f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WISCONSIN ENERGY CORP (WEC)
CIK: 0000783325
Period of Report: 2011-01-03

Reporting Person: CORNOG ROBERT A (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-03 Common Stock A 1278 Acquired 9147.3404 Direct
2011-01-03 Common Stock D 1701.1825 Disposed 7446.1579 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-01-03 Phantom Stock Units $ A 1701.1825 Acquired Common Stock (1701.1825) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 153.8482 Indirect
Common Stock 7450.8517 Indirect

Footnotes

F1: Includes shares acquired pursuant to a dividend reinvestment feature of Wisconsin Energy Corporation's Stock Plus Investment Plan in transactions exempt from Section 16 pursuant to Rule 16a-11.

F2: Upon the vesting of restricted stock granted to the reporting person on January 2, 2008, the reporting person deferred the receipt of 1,701.1825 shares of common stock and received 1,701.1825 phantom stock units instead pursuant to the WEC Directors' Deferred Compensation Plan (DDCP). As a result, the reporting person is reporting the dispostion of 1,701.1825 shares of common stock in exchange for an equal number of phantom stock units.

F3: One-for-one.

F4: These phantom stock units were accrued under the DDCP and are to be settled following the reporting person's termination of service as a director.

F5: Includes phantom stock units accrued pursuant to a dividend reinvestment feature of the DDCP in transactions exempt from Section 16 pursuant to Rule 16a-11.

F6: The reporting person inadvertently omitted shares from the total holdings reported in prior reports, which shares were not acquired through any unreported transactions. The total holdings reported in this report accurately reflect the reporting person's total holdings as of Janaury 3, 2011.