Form 4 for OTTR Otter Tail Corp
Accepted 2022-02-08 00:00:00 ET · period of report 2022-02-07 · accession 0001437749-22-002769 · 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 | ROGELSTAD TIMOTHY J | SVP, Elect Plat, Pres OTP | F - Tax | $61.37 | -4,519 | 38.4K | -11% | -$277.3K |
| D | 2022-02-08 | 2022-02-07 | OTTR | ROGELSTAD TIMOTHY J | SVP, Elect Plat, Pres OTP | A - Grant | $61.37 | +9,000 | 42.9K | +27% | +$552.3K |
| D | 2022-02-08 | 2022-02-07 | OTTR | ROGELSTAD TIMOTHY J | SVP, Elect Plat, Pres OTP | A - Grant | $0.00 | +1,600 | 1,600 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-07 | F | D | 4,519 | $61.37 | 38,423 | 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 jointly held with spouse, shares acquired individually through the Employee Stock Purchase Plan and shares acquired pursuant to Restricted Stock Awards and Performance Award distributions. |
| 2 | Common | Common Stock | 2022-02-07 | A | A | 9,000 | $61.37 | 42,942 | D | — | — | (F1) Represents shares received upon the vesting of certain performance criteria in connection with a Performance Share Award(granted in 2019). |
| 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 which began the date shown above. |