Form 4 for OTTR Otter Tail Corp
Accepted 2023-02-09 00:00:00 ET · period of report 2023-02-07 · accession 0001466593-23-000041 · 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 | Abbott John S | SVP, Manufacturing Platform | A - Grant | $64.65 | +8,400 | 38.4K | +28% | +$543.1K |
| D | 2023-02-09 | 2023-02-07 | OTTR | Abbott John S | SVP, Manufacturing Platform | F - Tax | $64.65 | -4,232 | 34.1K | -11% | -$273.6K |
| D | 2023-02-09 | 2023-02-07 | OTTR | Abbott John S | SVP, Manufacturing Platform | A - Grant | $0.00 | +1,800 | 1,800 | 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 | 2023-02-07 | A | A | 8,400 | $64.65 | 38,380 | 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 | 4,232 | $64.65 | 34,148 | 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 pursuant to Restricted Stock Awards and Performance Shares Awards. |
| 3 | Derivative | Restricted Stock Units | 2023-02-07 | A | A | 1,800 | $0.00 | 1,800 | D | — · 2024-02-06 to — | 1,800 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. |