Statement of Changes in Beneficial Ownership (4)
November 12 2020 - 04:41PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
|
OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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|
1. Name
and Address of Reporting Person *
Metcalfe Tom |
2. Issuer Name and Ticker or Trading
Symbol WEC ENERGY GROUP, INC. [ WEC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
Pres. WI Utilities |
(Last)
(First)
(Middle)
231 WEST MICHIGAN STREET |
3. Date of Earliest Transaction (MM/DD/YYYY)
11/9/2020
|
(Street)
MILWAUKEE, WI 53203
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock |
11/9/2020 |
|
M |
|
9525 |
A |
$50.925 |
14759 |
D |
|
Common Stock |
11/9/2020 |
|
M |
|
8675 |
A |
$58.305 |
23434 |
D |
|
Common Stock |
11/9/2020 |
|
S |
|
1700 |
D |
$104.5876 (1) |
21734 |
D |
|
Common Stock |
11/9/2020 |
|
S |
|
14507 |
D |
$105.5439 (2) |
7227 |
D |
|
Common Stock |
11/9/2020 |
|
S |
|
1993 |
D |
$106.1079 (3) |
5234 |
D |
|
Common Stock |
|
|
|
|
|
|
|
1601.905 (4) |
I |
ERSP |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Option (right to buy) |
$50.925 |
11/9/2020 |
|
M |
|
|
9525 |
1/4/2019 |
1/4/2026 |
Common Stock |
9525.0 |
$0 |
0 |
D |
|
Stock Option (right to buy) |
$58.305 |
11/9/2020 |
|
M |
|
|
8675 |
1/3/2020 |
1/3/2027 |
Common Stock |
8675.0 |
$0 |
0 |
D |
|
Explanation of
Responses: |
(1) |
This price is a weighted
average price. These shares were sold in multiple transactions at
prices ranging from $104.01 to $104.98, inclusive. The reporting
person undertakes to provide WEC Energy Group, Inc. (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. |
(2) |
This price is a weighted
average price. These shares were sold in multiple transactions at
prices ranging from $105.02 to $106.01, inclusive. The reporting
person undertakes to provide 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. |
(3) |
This price is a weighted
average price. These shares were sold in multiple transactions at
prices ranging from $106.03 to $106.19, inclusive. The reporting
person undertakes to provide 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. |
(4) |
Includes 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 October 31, 2020. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Metcalfe Tom
231 WEST MICHIGAN STREET
MILWAUKEE, WI 53203 |
|
|
Pres. WI Utilities |
|
Signatures
|
Joshua M. Erickson, as attorney in
fact |
|
11/12/2020 |
**Signature of
Reporting Person |
Date |