Farrow William M III 4
4 · WEC ENERGY GROUP, INC. · Filed Jan 6, 2022
Insider Transaction Report
Form 4
Farrow William M III
Director
Transactions
- Disposition to Issuer
Common Stock
2022-01-04−1,584.42→ 5,712 total - Award
Phantom Stock Units
2022-01-04+1,584.42→ 3,204.809 total→ Common Stock (1,584.42 underlying)
Footnotes (4)
- [F1]In connection with the vesting of restricted stock granted to the reporting person on January 4, 2021, the reporting person deferred receipt of 1,584.4195 shares of common stock and instead received 1,584.4195 phantom stock units pursuant to the Directors Deferred Compensation Plan (DDCP). As a result, the reporting person is reporting the disposition of 1,584.4195 shares of common stock in exchange for an equal number of phantom stock units.
- [F2]One-for-one.
- [F3]These phantom stock units were accrued under the DDCP and are to be settled in accordance with the terms of the plan.
- [F4]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.