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Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

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Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

Evergy

The information required by this item regarding security ownership of the directors and executive officers of Evergy contained in the section titled "Security Ownership of Certain Beneficial Owners, Directors and Officers" of the Proxy Statement is incorporated by reference.

Westar Energy and KCP&L

The information required by this item regarding Westar Energy and KCP&L has been omitted in reliance on General Instruction (I) to Form 10-K.

Equity Compensation Plans

Upon the consummation of the merger, Evergy assumed both Westar Energy's LTISA and Great Plains Energy's Amended Long-Term Incentive Plan, which was renamed the Evergy, Inc. Long-Term Incentive Plan. The renamed Evergy Long-Term Incentive Plan permits the grant of restricted stock, restricted stock units, bonus shares, stock options, stock appreciation rights, director shares, director deferred share units, performance shares and other stock-based awards to directors, officers and other employees of Evergy.

The following table provides information, as of December 31, 2018, regarding the number of common shares to be issued upon exercise of outstanding options, warrants and rights, their weighted average exercise price, and the number of shares of common stock remaining available for future issuance. The table excludes shares issued or issuable under any defined contribution savings plans.

Number of securities
Number ofremaining available
securitiesfor future issuance
to be issued uponWeighted-averageunder equity
exercise ofexercise price ofcompensation plans
outstanding options,outstanding options,(excluding securities
warrants and rightswarrants and rightsreflected in column (a))
Plan Category(a)(b)(c)
Equity compensation plans approved by security holders (1)
Evergy Long-Term Incentive Plan530,359(2)$—(3)2,168,693
Equity compensation plans not approved by security holders———
Total530,359(2)$—(3)2,168,693

(1)The Westar Energy, Inc. Long-Term Incentive and Share Award Plan will not be used for future awards. As of December 31, 2018, there were approximately 134,538 time-based restricted stock units outstanding under the plan, and approximately 362,324 units outstanding that were deferred pursuant to the Westar Energy, Inc. non-employee deferred compensation program. Deferred units will continue to receive deferred dividend equivalents in the form of additional deferred units until payouts pursuant to elections begin.

(2)Includes 348,496 performance shares at target performance levels, 82,331 time-based restricted share units and director deferred share units for 99,532 shares of Evergy common stock outstanding at December 31, 2018.

(3)The performance shares, time-based restricted share units and director deferred share units have no exercise price and therefore are not reflected in the weighted average exercise price.

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