Form 4 for OTTR Otter Tail Corp
Accepted 2022-02-08 00:00:00 ET · period of report 2022-02-07 · accession 0001437749-22-002771 · 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 | KNUTSON PAUL L | VP of Human Resources | F - Tax | $61.37 | -1,747 | 18.4K | -9% | -$107.2K |
| D | 2022-02-08 | 2022-02-07 | OTTR | KNUTSON PAUL L | VP of Human Resources | A - Grant | $61.37 | +3,900 | 20.1K | +24% | +$239.3K |
| D | 2022-02-08 | 2022-02-07 | OTTR | KNUTSON PAUL L | VP of Human Resources | A - Grant | $0.00 | +700 | 700 | 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 | 1,747 | $61.37 | 18,400 | 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 through dividend reinvestment, Employee Stock Purchase Plan and acquired pursuant to Restricted Stock Awards and Performance Award distributions. |
| 2 | Common | Common Stock | 2022-02-07 | A | A | 3,900 | $61.37 | 20,147 | 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 | 700 | $0.00 | 700 | D | — · 2023-02-06 to — | 700 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. |