Bushek Jared Joseph 4
4 · MGE ENERGY INC · Filed Mar 3, 2023
Insider Transaction Report
Form 4
MGE ENERGY INCMGEE
Bushek Jared Joseph
VP Chief Fin. Off. & Treasurer
Transactions
- Award
Phantom Stock Units
2023-03-02$70.48/sh+2,233.224$157,398→ 2,233.224 total→ Common Stock (2,233.224 underlying) - Award
MGEE Common Stock
2023-03-01+1,151→ 3,362.338 total
Footnotes (4)
- [F1]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, 2025.
- [F2]Includes adjustments for accrued dividends pursuant to a dividend reinvestment transaction exempt from Section 16 under Rule 16a-11.
- [F3]Each phantom stock unit has an equivalent value to one share of MGEE Common Stock and entitles the holder to the cash value thereof.
- [F4]Phantom stock units were accrued under MGE's 2023 Deferred Compensation Supplemental Executive Retirement Plan (DC SERP) and are to be settled in accordance with the terms of the Plan.