4//SEC Filing
Lane Thomas K 4
Accession 0000107815-25-000044
CIK 0000783325other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 7:18 PM ET
Size
13.5 KB
Accession
0000107815-25-000044
Insider Transaction Report
Form 4
Lane Thomas K
Director
Transactions
- Award
Common Stock
2025-01-02+1,693→ 5,434.13 total - Disposition to Issuer
Common Stock
2025-01-02−1,954.927→ 3,479.203 total - Award
Phantom Stock Units
2025-01-02+1,954.927→ 13,235.559 total→ Common Stock (1,954.927 underlying)
Holdings
- 15(indirect: By Trust)
Common Stock
- 7,715(indirect: By LLC)
Common Stock
- 15(indirect: By Trust)
Common Stock
- 15(indirect: By Trust)
Common Stock
Footnotes (8)
- [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 Mr. Lane on January 2, 2024, Mr. Lane 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, Mr. Lane is reporting the disposition of 1,954.9274 shares of common stock in exchange for an equal number of phantom stock units.
- [F3]The Form 4 filed on January 5, 2023 inadvertently overstated Mr. Lane's direct holdings of common stock by including his indirect holdings in the total amount of his direct holdings. This error was carried over in the Form 4 filed on January 4, 2024. In each year, Mr. Lane's indirect holdings were correctly reported. Mr. Lane's direct holdings on January 3, 2023 (the date of the transaction reported) were 3,276.1952. Mr. Lane's direct holdings on January 3, 2024 (the date of the transaction reported) were 3,617.6273.
- [F4]These shares are owned by Lane Ventures LLC, which is owned by the 2019 Lane GST Exempt Trust and another family trust; both trusts are for the benefit of the reporting person's immediate family members. The reporting person's spouse is a trustee of both trusts. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F5]These shares are held by the 2019 Lane GST Exempt Trust for the benefit of the reporting person's immediate family members. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F6]One-for-one.
- [F7]These phantom stock units were accrued under the DDCP and are to be settled in accordance with the terms of the plan.
- [F8]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.
Documents
Issuer
WEC ENERGY GROUP, INC.
CIK 0000783325
Entity typeother
Related Parties
1- filerCIK 0001558300
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 7:18 PM ET
- Size
- 13.5 KB