WEC ENERGY GROUP, INC. — Director's Dealing 2012

Feb 9, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WISCONSIN ENERGY CORP (WEC)
CIK: 0000783325
Period of Report: 2012-02-07

Reporting Person: KLAPPA GALE E (Director, Chairman, President, and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-07	Common Stock	M	75000	$17.10	Acquired	191659.9174	Direct
2012-02-07	Common Stock	S	25000	$34.99	Disposed	166659.9174	Direct
2012-02-07	Common Stock	S	25000	$35.00	Disposed	141659.9174	Direct
2012-02-07	Common Stock	S	23000	$35.01	Disposed	118659.9174	Direct
2012-02-07	Common Stock	S	1900	$35.02	Disposed	116759.9174	Direct
2012-02-07	Common Stock	S	100	$35.03	Disposed	116659.9174	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-07	Stock Option (Right to buy)	$17.10	M	75000	Disposed	2015-01-18	Common Stock (75000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2842.258	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: Includes shares acquired under Wisconsin Energy Corporation'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, 2012.

F3: This option was previously reported as covering 280,000 shares at an exercise price of $34.20 per share, but was adjusted to reflect the 2-for-1 stock split that occurred on March 1, 2011.