Sec Form 4 Filing - VERBANAC DANIEL J @ INTEGRYS ENERGY GROUP, INC. - 2012-05-01

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person VERBANAC DANIEL J 2. Issuer Name and Ticker or Trading Symbol INTEGRYS ENERGY GROUP, INC. [ TEG] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Pres, Integrys Energy Services (Last) (First) (Middle) 1716 LAWRENCE DRIVE 3. Date of Earliest Transaction (MM/DD/YY) 05/01/2012 (Street) DE PERE, WI54115 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 05/01/2012 M 7,657 A $ 48.11 8,332.6946 D Common Stock 05/01/2012 S 7,657 D $ 54.9 675.6946 ( 1 ) D Common Stock 5,787.0316 ( 2 ) I By Employee Stock Ownership Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Employee Stock Option (Right to buy) $ 48.11 05/01/2012 M 7,657 12/08/2005( 3 ) 12/08/2014 Common Stock 7,657 $ 0 7,656 D Employee Stock Option (Right to buy) $ 41.58 02/11/2011( 3 ) 02/11/2020 Common Stock 24,325 24,325 D Employee Stock Option (Right to buy) $ 42.12 02/12/2010( 3 ) 02/12/2019 Common Stock 22,012 22,012 D Employee Stock Option (Right to buy) $ 48.36 02/14/2009( 3 ) 02/14/2018 Common Stock 25,678 25,678 D Employee Stock Option (Right to buy) $ 49.4 02/10/2012( 3 ) 02/10/2021 Common Stock 14,124 14,124 D Employee Stock Option (Right to buy) $ 52.73 12/07/2007( 3 ) 12/07/2016 Common Stock 16,435 16,435 D Employee Stock Option (Right to buy) $ 53.24 02/09/2013( 3 ) 02/09/2022 Common Stock 15,680 15,680 D Employee Stock Option (Right to buy) $ 54.85 12/07/2006( 3 ) 12/07/2015 Common Stock 14,450 14,450 D Employee Stock Option (Right to buy) $ 58.65 05/17/2008( 3 ) 05/17/2017 Common Stock 6,154 6,154 D Performance Rights $ 0 ( 4 ) 01/01/2013( 4 ) 06/30/2013 Common Stock 6,606 6,606 D Performance Rights $ 0 ( 4 ) 01/01/2014( 4 ) 06/30/2014 Common Stock 4,963 4,963 D Performance Rights $ 0 ( 4 ) 01/01/2015( 4 ) 06/30/2015 Common Stock 5,288 5,288 D Phantom Stock Unit ( 5 ) ( 6 ) ( 6 ) Common Stock 22,506.5264 22,506.5264 ( 7 ) D Restricted Stock Units 2009 ( 8 ) 02/12/2010 02/12/2013 Common Stock 534.0034 534.0034 ( 9 ) D Restricted Stock Units 2010 ( 8 ) 02/11/2011 02/11/2014 Common Stock 1,182.4442 1,182.4442 ( 9 ) D Restricted Stock Units 2011 ( 8 ) 02/10/2012 02/10/2015 Common Stock 1,470.9854 1,470.9854 ( 9 ) D Restricted Stock Units 2012 ( 8 ) 02/09/2013 02/09/2016 Common Stock 1,826.1221 1,826.1221 ( 9 ) D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other VERBANAC DANIEL J 1716 LAWRENCE DRIVE DE PERE, WI54115 Pres, Integrys Energy Services Signatures Dane E. Allen, as Power of Attorney for Mr. Verbanac 05/03/2012 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Balance also reflects dividend reinvestment shares purchased on March 20, 2012. ( 2 )Balance reflects shares pertaining to the March 20, 2012 dividend and shares allocated on March 30, 2012 in the Company's Employee Stock Ownership Plan. ( 3 )The option vests in four equal annual installments beginning on the exercisable date. ( 4 )Performance stock rights represent the right to receive shares of common stock of the Company, in the event certain performance goals are satisfied. These goals are based on Company performance against an established industry benchmark, over a three year performance period. The final award of shares issued can be between 0% and 200% of the target award. ( 5 )These phantom stock units convert to common stock on a one-for-one basis. ( 6 )Unless the participant has selected a later commencement date, distribution of stock and equivalents will commence within 60 days following the end of the calendar year in which occurs the participant's retirement or termination of service. ( 7 )Balance reflects dividends paid on Phantom Stock Units and reinvested in additional Phantom Stock Units, under the Company's Deferred Compensation Plan on March 20, 2012. ( 8 )Each restricted stock unit represent a contingent right to receive one share of Company common stock. The restricted stock units vest in four equal annual installments beginning on the exercisable date. ( 9 )Balance reflects the dividend paid on Restricted Stock Units and reinvested in additional Restricted Stock Units, under the Company's 2010 Omnibus Incentive Plan on March 20, 2012.

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