Form 4 for OTTR Otter Tail Corp

Accepted 2023-02-09 00:00:00 ET · period of report 2023-02-07 · accession 0001466593-23-000040 · 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	2023-02-09	2023-02-07	OTTR	KNUTSON PAUL L	VP, Human Resources	A - Grant	$64.65	+3,600	22.6K	+19%	+$232.7K
D	2023-02-09	2023-02-07	OTTR	KNUTSON PAUL L	VP, Human Resources	F - Tax	$64.65	-1,627	21.0K	-7%	-$105.2K
D	2023-02-09	2023-02-07	OTTR	KNUTSON PAUL L	VP, Human Resources	A - Grant	$0.00	+800	800	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	2023-02-07	A	A	3,600	$64.65	22,615	D	—	—	(F1) Represents shares received upon the vesting of certain performance criteria in connection with a Performance Share Award (granted in 2020).
2	Common	Common Stock	2023-02-07	F	D	1,627	$64.65	20,988	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 Share Awards.
3	Derivative	Restricted Stock Units	2023-02-07	A	A	800	$0.00	800	D	— · 2024-02-06 to —	800 Common Stock	(F4) Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation stock. (F5) The restricted stock units vest in four equal annual installments beginning the date shown above.