Farrow William M III 4
4 · WEC ENERGY GROUP, INC. · Filed Jan 6, 2025
Insider Transaction Report
Form 4
Farrow William M III
Director
Transactions
- Award
Common Stock
2025-01-02+1,693→ 7,797.927 total - Award
Phantom Stock Units
2025-01-02+1,954.927→ 8,968.498 total→ Common Stock (1,954.927 underlying) - Disposition to Issuer
Common Stock
2025-01-02−1,954.927→ 5,843 total
Footnotes (5)
- [F1]Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11.
- [F2]In connection with the vesting of restricted stock granted to the reporting person on January 2, 2024, the reporting person deferred receipt of 1,954.9274, shares of common stock and instead received 1,954.9274 phantom stock units pursuant to the Directors Deferred Compensation Plan (DDCP). As a result, the reporting person is reporting the disposition of 1,954.9274 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 in accordance with the terms of the plan.
- [F5]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.