GARY J. WOLTER - 19 Feb 2021 Form 4 Insider Report for MGE ENERGY INC (MGEE)

Role
Director
Signature
/s/ Gary J. Wolter
Issuer symbol
MGEE
Transactions as of
19 Feb 2021
Transactions value $
$0
Form type
4
Filing time
11 Oct 2022, 10:03:13 UTC
Next filing
03 Mar 2023

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 MGEE RESTRICTED STOCK UNITS Award $0 +760 $0.00 760 19 Feb 2021 COMMON STOCK 760 Direct F1, F2
transaction MGEE RESTRICTED STOCK UNITS Award $0 +692 $0.00 692 18 Feb 2022 COMMON STOCK 692 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Director can elect stock or has the option to be paid out 25% in cash.
F2 Represents restricted stock units (RSUs) which are converted to common stock on a one-to-one basis when vested. The RSUs vest on December 31, 2023.
F3 Represents restricted stock units (RSUs) which are converted to common stock on a one-to-one basis when vested. The RSUs vest on December 31, 2024.