Form 4 for OTTR Otter Tail Corp

Accepted 2022-02-08 00:00:00 ET · period of report 2022-02-07 · accession 0001437749-22-002767 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2022-02-08	2022-02-07	OTTR	Abbott John S	SVP, Pres Varistar, M, I Plat	A - Grant	$61.37	+9,000	33.5K	+37%	+$552.3K
D	2022-02-08	2022-02-07	OTTR	Abbott John S	SVP, Pres Varistar, M, I Plat	F - Tax	$61.37	-4,520	29.0K	-13%	-$277.4K
D	2022-02-08	2022-02-07	OTTR	Abbott John S	SVP, Pres Varistar, M, I Plat	A - Grant	$0.00	+1,600	1,600	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-02-07	A	A	9,000	$61.37	33,546	D	—	—	(F1) Represents shares received upon the vesting of certain performance criteria in connection with a Performance Share Award(granted in 2019).
2	Common	Common Stock	2022-02-07	F	D	4,520	$61.37	29,026	D	—	—	(F2) These shares were withheld by the Corporation to pay taxes due upon vesting of this award, exempt pursuant to Rule 16b-3(e). (F3) Total direct holdings include shares acquired individually pursuant to Restricted Stock Awards and Performance Share Award distributions.
3	Derivative	Restricted Stock Units	2022-02-07	A	A	1,600	$0.00	1,600	D	— · 2023-02-06 to —	1,600 Common Stock	(F4) Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation common stock. (F5) The restricted stock units vest in four equal annual installments beginning the date shown above.