<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
AMENDMENT NO. 1
TO
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Fiscal Year Ended December 31, 1999
Commission IRS Employer
File Registrant; State of Incorporation Identification
Number Address; and Telephone Number Number
---------- ---------------------------------- ---------------
001-09057 WISCONSIN ENERGY CORPORATION 39-1391525
(A Wisconsin Corporation)
231 West Michigan Street
P.O. Box 2949
Milwaukee, WI 53201
(414) 221-2345
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WISCONSIN ENERGY CORPORATION
--------------------------------
AMENDMENT NO. 1
TO
1999 ANNUAL REPORT ON FORM 10-K
The undersigned registrant hereby amends the following item in its Annual
Report for the year ended December 31, 1999 on Form 10-K as set forth in the
page attached hereto:
ITEM 5. MARKET FOR REGISTRANTS' COMMON EQUITY AND RELATED
STOCKHOLDER MATTERS
SIGNATURE
---------
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this amendment to be signed on its behalf by the
undersigned, thereunto duly authorized.
WISCONSIN ENERGY CORPORATION
----------------------------
(Registrant)
Date: April 14, 2000 By /s/ A. K. Klisurich
----------------------------
A. K. Klisurich, Controller -
Principal Accounting Officer
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PART II
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ITEM 5. MARKET FOR REGISTRANTS' COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
NUMBER OF COMMON STOCKHOLDERS
As of year-end 1999, based on the number of Wisconsin Energy Corporation
stockholder accounts (including accounts in Wisconsin Energy's dividend
reinvestment and stock purchase plan), there were 91,062 registered
stockholders.
COMMON STOCK LISTING AND TRADING
Wisconsin Energy Corporation common stock is listed on the New York Stock
Exchange. The ticker symbol is WEC. Daily trading prices and volume can be found
in the "NYSE Composite" section of most major newspapers, usually abbreviated as
WiscEn or WiscEngy.
DIVIDENDS AND COMMON STOCK PRICES
COMMON STOCK DIVIDENDS OF WISCONSIN ENERGY: Cash dividends on Wisconsin Energy's
common stock, as declared by the board of directors, are normally paid on or
about the first day of March, June, September and December. Wisconsin Energy
reviews its dividend policy on a regular basis. Subject to any regulatory
restrictions or other limitations on the payment of dividends, future dividends
will be at the discretion of the board of directors and will depend upon, among
other factors, earnings, financial condition and other requirements.
RANGE OF WISCONSIN ENERGY COMMON STOCK PRICES AND DIVIDENDS:
<TABLE>
<CAPTION>
1999 1998
---------------------------- ----------------------------
Quarter High Low Dividend High Low Dividend
- ------- ---- --- -------- ---- --- --------
<S> <C> <C> <C> <C> <C> <C>
First $31-9/16 $25-1/16 $ .39 $31 $27 $ .385
Second 28-1/8 25-1/16 .39 31-11/16 28-1/2 .390
Third 26 22-7/16 .39 32 27-3/8 .390
Fourth 24-3/16 19-1/16 .39 34 30 .390
----- ------
Year $31-9/16 $19-1/16 $1.56 $34 $27 $1.555
===== ======
</TABLE>
STOCK PLUS INVESTMENT PLAN: In April 2000, Wisconsin Energy discovered that, due
to an administrative error, sales of Wisconsin Energy common stock under
Wisconsin Energy's dividend reinvestment and stock purchase plan, the Stock Plus
Investment Plan, exceeded the amount of shares registered for the Plan under the
Securities Act of 1933 beginning in December 1999. Upon discovery of the error,
Wisconsin Energy promptly took steps to register additional shares for the Plan.
The oversales amounted to 124,622 shares in December 1999 for an aggregate of
$2,451,702; a total of 615,754 shares in the first quarter of 2000 for an
aggregate of $11,242,716; and 78,963 shares through April 3, 2000 for an
aggregate of $1,576,794. (Added by Wisconsin Energy's amendment No. 1 on Form
10-K/A)
COMMON STOCK DIVIDENDS OF WISCONSIN ELECTRIC: Cash dividends declared on
Wisconsin Electric Power Company's common stock during the two most recent
fiscal years are set forth below. Dividends were paid to Wisconsin Electric's
sole common stockholder, Wisconsin Energy.
<TABLE>
<CAPTION>
Total Dividends
------------------------------
Quarter 1999 1998
- ------- ------------ ------------
<S> <C> <C>
First $ 44,893,000 $ 44,322,000
Second 44,893,000 44,893,000
Third 44,893,000 44,893,000
Fourth 44,893,000 44,893,000
------------ ------------
Total $179,572,000 $179,001,000
============ ============
</TABLE>
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