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 OF SECURITIES 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 * Laakso William D   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) VP - Human Resources (Last) (First) (Middle) 700 NORTH ADAMS STREET, P.O. BOX 19001 3. Date of Earliest Transaction (Month/Day/Year) 02/09/2012 (Street) GREEN BAY, WI 54307-9001 4. If Amendment, Date 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 (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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               932 D   Common Stock               1,447.9274 I By ESOP

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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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		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)	$ 53.24 (1)	02/09/2012		A		7,163		02/09/2013	02/09/2022	Common Stock	7,163	$ 0	7,163	D
Performance Rights	$ 0 (2)	02/09/2012		A		2,416		01/01/2015(2)	06/30/2015	Common Stock	2,416	$ 0	2,416	D
Restricted Stock Units 2012	(3)	02/09/2012		A		824		(4)	(4)	Common Stock	824	$ 0	824	D
Employee Stock Option (Right to buy)	$ 41.58 (5)							02/11/2011	02/11/2020	Common Stock	11,112		11,112	D
Employee Stock Option (Right to buy)	$ 42.12 (6)							02/12/2010	02/12/2019	Common Stock	9,339		9,339	D
Employee Stock Option (Right to buy)	$ 49.4 (7)							02/10/2012	02/10/2021	Common Stock	6,453		6,453	D
Performance Rights	$ 0 (2)							01/01/2012(8)	06/30/2012	Common Stock	2,213		2,213	D
Performance Rights	$ 0 (2)							01/01/2013(8)	06/30/2013	Common Stock	3,018		3,018	D
Performance Rights	$ 0 (2)							01/01/2014(2)	06/30/2014	Common Stock	2,267		2,267	D
Restricted Stock Units 2008	(3)							(9)	(9)	Common Stock	382.9281		382.9281	D
Restricted Stock Units 2009	(3)							(10)	(10)	Common Stock	803.2782		803.2782	D
Restricted Stock Units 2010	(3)							(11)	(11)	Common Stock	799.4322		799.4322	D
Restricted Stock Units 2011	(3)							(12)	(12)	Common Stock	884.5886		884.5886	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Laakso William D 700 NORTH ADAMS STREET P.O. BOX 19001 GREEN BAY, WI 54307-9001			VP - Human Resources

Signatures

By: Dane E. Allen, as Power of Attorney For: Mr. Laakso		02/13/2012
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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).
(1)	The option vests in four equal annual installments beginning on February 9, 2013.
(2)	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.
(3)	Each restricted stock unit represent a contingent right to receive one share of Company common stock.
(4)	The restricted stock units vest in four equal annual installments beginning on February 9, 2013.
(5)	The option vests in four equal annual installments beginning on February 11, 2011.
(6)	The option vests in four equal annual installments beginning on February 12, 2010.
(7)	The option vests in four equal annual installments beginning on February 10, 2012.
(8)	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.
(9)	The restricted stock units vest in four equal annual installments beginning on February 14, 2009.
(10)	The restricted stock units vest in four equal annual installments beginning on February 12, 2010.
(11)	The restricted stock units vest in four equal annual installments beginning on February 11, 2011.
(12)	The restricted stock units vest in four equal annual installments beginning on February 10, 2012.
Remarks: In Table 1, Line I, the reporting person's prior filings inadvertently overstated the reporting person holdings by 1.608 shares.  Table I, Line II reflects shares pertaining to the March 19, June 20, September 20 and December 20, 2011 dividends and shares allocated on March 30, June 30 and September 30, 2011 in the Company's ESOP; in addition to a one time earnings adjustment on June 30 of 0.0034 due to the record keeper's transition to new software.  Table II reflects dividends paid on Restricted Stock Units and reinvested in additional Restricted Stock Units, under the Company's 2010 Omnibus Incentive Plan on March 19, June 20, September 20 and December 20, 2011.

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