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WEC ENERGY GROUP, INC. — Director's Dealing 2018
Jan 5, 2018
30110_dirs_2018-01-04_5d7454e4-8fd3-4c4d-8f94-64739fcb119e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WEC ENERGY GROUP, INC. (WEC)
CIK: 0000783325
Period of Report: 2018-01-02
Reporting Person: BUDNEY ALBERT J JR (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-01-02 | Common Stock | A | 2045 | — | Acquired | 10153.9362 | Direct |
| 2018-01-03 | Common Stock | D | 2214.4196 | — | Disposed | 7939.5166 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-01-03 | Phantom Stock Units | $ | A | 2214.4196 | Acquired | Common Stock (2214.4196) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 902 | Indirect |
Footnotes
F1: Includes shares acquired pursuant to dividend reinvestment 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 3, 2017, the reporting person deferred receipt of 2,214.4196 shares of common stock and instead received 2,214.4196 phantom stock units pursuant to the Directors Deferred Compensation Plan (DDCP). As a result, the reporting person is reporting the disposition of 2,214.4196 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.