Sec Form 4 Filing - KALLAS LINDA M @ INTEGRYS ENERGY GROUP, INC. - 2014-09-05

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 KALLAS LINDA M 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) Vice President & Controller (Last) (First) (Middle) 200 EAST RANDOLPH STREET 3. Date of Earliest Transaction (MM/DD/YY) 09/05/2014 (Street) CHICAGO, IL60601 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 09/05/2014 M 5,696 A $ 58.65 13,643.1335 D Common Stock 09/05/2014 M 1,635 A $ 42.12 15,278.1335 D Common Stock 09/05/2014 M 3,118 A $ 41.58 18,396.1335 D Common Stock 09/05/2014 M 2,664 A $ 49.4 21,060.1335 D Common Stock 09/05/2014 M 1,972 A $ 53.24 23,032.1335 D Common Stock 09/05/2014 M 1,407 A $ 56 24,439.1335 D Common Stock 09/05/2014 S 16,492 D $ 67.9355 ( 1 ) 7,947.1335 D Common Stock 2,149.0282 ( 2 ) I By Employee Stock Ownership Plan Common Stock 183.5989 ( 3 ) I By PE Employee Stock Ownership Plan Common Stock 519.7815 ( 3 ) I By 401(k) Plan ( 4 )

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) $ 58.65 09/05/2014 M 5,696 05/17/2008( 5 ) 05/17/2017 Common Stock 5,696 $ 0 0 D Employee Stock Option (Right to buy) $ 42.12 09/05/2014 M 1,635 02/12/2010( 5 ) 02/12/2019 Common Stock 1,635 $ 0 0 D Employee Stock Option (Right to buy) $ 41.58 09/05/2014 M 3,118 02/11/2011( 5 ) 02/11/2020 Common Stock 3,118 $ 0 0 D Employee Stock Option (Right to buy) $ 49.4 09/05/2014 M 2,664 02/10/2012( 5 ) 02/10/2021 Common Stock 2,664 $ 0 888 D Employee Stock Option (Right to buy) $ 53.24 09/05/2014 M 1,972 02/09/2013( 5 ) 02/09/2022 Common Stock 1,972 $ 0 1,972 D Employee Stock Option (Right to buy) $ 56 09/05/2014 M 1,407 02/14/2014( 5 ) 02/14/2023 Common Stock 1,407 $ 0 4,220 D Employee Stock Option (Right to Buy) $ 55.23 02/13/2015( 5 ) 02/13/2024 Common Stock 4,851 4,851 D Performance Rights $ 0 ( 6 ) 01/01/2016( 6 ) 03/15/2016 Common Stock 1,994 1,994 D Performance Rights $ 0 ( 6 ) 01/01/2017( 6 ) 03/15/2017 Common Stock 1,939 1,939 D Performance Rights $ 0 ( 6 ) 01/01/2015( 6 ) 03/15/2015 Common Stock 1,330 1,330 D Restricted Stock Units 2011 ( 7 ) 02/10/2012 02/10/2015 Common Stock 135.7378 135.7378 ( 8 ) D Restricted Stock Units 2012 ( 7 ) 02/09/2013 02/09/2016 Common Stock 256.2343 256.2343 ( 8 ) D Restricted Stock Units 2013 ( 7 ) 02/14/2014 02/14/2017 Common Stock 457.4528 457.4528 ( 8 ) D Restricted Stock Units 2014 ( 7 ) 02/13/2015 02/13/2018 Common Stock 581.1351 581.1351 ( 8 ) D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other KALLAS LINDA M 200 EAST RANDOLPH STREET CHICAGO, IL60601 Vice President & Controller Signatures Dane E. Allen, as Power of Attorney for Ms. Kallas 09/09/2014 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The weighted average sale price reflects multiple transactions at prices ranging from $67.87 - $67.985. ( 2 )Balance reflects shares pertaining to the March 20 and June 20, 2014 dividend and shares allocated on March 31 and June 30, 2014 under the Company's Employee Stock Ownership Plan. ( 3 )Balance reflects dividend reinvestment shares purchased on March 20 and June 20, 2014. ( 4 )Plan name changed from Peoples Energy Capital Accumulation Plan to Integrys Energy Group 401(k) Plan for Administrative Employees effective 1/1/2013. ( 5 )The option vests in four equal annual installments beginning on the exercisable date. ( 6 )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 reported target award. ( 7 )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. ( 8 )Balance reflects the dividend paid on restricted stock units and reinvested in additional restricted stock units, under the Company's Omnibus Incentive Plans on March 20 and June 20, 2014.

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