SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

RAPPE KRISTINE A

(Last)

(First)

(Middle)

231 WEST MICHIGAN STREET

(Street)

MILWAUKEE,

53203

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/05/2004

3. Issuer Name and Ticker or Trading Symbol
WISCONSIN ENERGY CORP [ WEC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Sr. VP, Chief Admin. Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	8,282	D
Common Stock	6,005	I	Employee Retirement Savings Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Option (right to buy)	12/14/1998	12/14/2004	Common Stock	3,000	$26.813	D
Stock Option (right to buy)	12/20/1999	12/20/2005	Common Stock	9,500	$30.188	D
Stock Option (right to buy)	11/27/2000	11/27/2006	Common Stock	9,500	$26.813	D
Stock Option (right to buy)	05/19/1999⁽¹⁾	05/19/2008	Common Stock	10,000	$29.3438	D
Stock Option (right to buy)	06/02/2000⁽¹⁾	06/02/2009	Common Stock	10,000	$27.313	D
Stock Option (right to buy)	04/03/2001⁽¹⁾	04/03/2010	Common Stock	6,251	$19.969	D
Stock Option (right to buy)	02/07/2002⁽²⁾	02/07/2011	Common Stock	6,991	$20.39	D
Stock Option (right to buy)	05/01/2002⁽²⁾	05/01/2011	Common Stock	1,595	$21.73	D
Stock Option (right to buy)	01/02/2003⁽²⁾	01/02/2012	Common Stock	15,004	$22.655	D
Stock Option (right to buy)	01/02/2004⁽²⁾	01/02/2013	Common Stock	20,005	$25.41	D
Stock Option (right to buy)	01/02/2005⁽²⁾	01/02/2014	Common Stock	20,925	$33.435	D
Phantom Stock Units	⁽³⁾	⁽³⁾	Common Stock	3,296	⁽⁴⁾	D

Explanation of Responses:

1. Options vested in 25% increments annually beginning on the date indicated.

2. Options vest in 25% increments annually beginning on the date indicated.

3. These phantom stock units were accrued under the WEC Executive Deferred Compensation Plan and are to be settled in cash following the reporting person's retirement or other termination of employment.

4. 1-for-1

Remarks:

	Keith H. Ecke, as Attorney-in-Fact	05/14/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.