Skaggs Robert C Jr - May 5, 2022 Form 4 Insider Report for DTE ENERGY CO (DTE)

Role
Director
Signature
/s/ Timothy E. Kraepel, Attorney-in-Fact
Stock symbol
DTE
Transactions as of
May 5, 2022
Transactions value $
$195,177
Form type
4
Date filed
5/9/2022, 09:26 AM
Previous filing
Feb 10, 2022
Next filing
Aug 4, 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DTE Phantom Stock Award $195K +1.52K +24.87% $128.83 7.61K May 5, 2022 Common Stock 1.52K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1 for 1
F2 The phantom shares are immediately vested, but subject to a 3 year deferral. The director has a one time option to defer payment until their termination from the board.
F3 Includes phantom stock acquired through the reinvestment feature under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors.