Form 4 for OTTR Otter Tail Corp

Accepted 2022-02-09 00:00:00 ET · period of report 2022-02-07 · accession 0001437749-22-002820 · 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	MOUG KEVIN G	CFO, SVP	F - Tax	$61.37	-5,029	92.2K	-5%	-$308.6K
D	2022-02-09	2022-02-07	OTTR	MOUG KEVIN G	CFO, SVP	A - Grant	$61.37	+11.7K	97.2K	+14%	+$718.0K
D	2022-02-09	2022-02-07	OTTR	MOUG KEVIN G	CFO, SVP	A - Grant	$0.00	+2,000	2,000	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	5,029	$61.37	92,174	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	11,700	$61.37	97,203	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	2,000	$0.00	2,000	D	— · 2023-02-06 to —	2,000 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.