BUDNEY ALBERT J JR 4
4 · WEC ENERGY GROUP, INC. · Filed Jan 4, 2018
Insider Transaction Report
Form 4
BUDNEY ALBERT J JR
Director
Transactions
- Award
Common Stock
2018-01-02+2,045→ 10,153.936 total - Award
Phantom Stock Units
2018-01-03+2,214.42→ 2,214.42 total→ Common Stock (2,214.42 underlying) - Disposition to Issuer
Common Stock
2018-01-03−2,214.42→ 7,939.517 total
Holdings
- 902(indirect: By Spouse)
Common Stock
Footnotes (4)
- [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.