Form 4 for OTTR Otter Tail Corp

Accepted 2022-02-09 00:00:00 ET · period of report 2022-02-07 · accession 0001437749-22-002818 · 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	2022-02-09	2022-02-07	OTTR	Smestad Jennifer O.	VP, Gen Coun, Corp Sec	F - Tax	$61.37	-3,125	7,653	-29%	-$191.8K
D	2022-02-09	2022-02-07	OTTR	Smestad Jennifer O.	VP, Gen Coun, Corp Sec	A - Grant	$61.37	+6,300	10.8K	+141%	+$386.6K
D	2022-02-09	2022-02-07	OTTR	Smestad Jennifer O.	VP, Gen Coun, Corp Sec	A - Grant	$0.00	+1,100	1,100	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	F	D	3,125	$61.37	7,653	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 held jointly with spouse and shares acquired through the Employee Stock Purchase Plan, the Dividend Reinvestment Plan, and shares acquired pursuant to Restricted Stock Awards and Performance Award distributions.
2	Common	Common Stock	2022-02-07	A	A	6,300	$61.37	10,778	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	1,100	$0.00	1,100	D	— · 2023-02-06 to —	1,100 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.