Form 4 for OTTR Otter Tail Corp
Accepted 2024-01-02 00:00:00 ET · period of report 2023-12-31 · accession 0001466593-24-000002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-01-02 | 2023-12-31 | OTTR | MOUG KEVIN G | CFO, SVP | M - OptEx | $85.28 | +5,700 | 119.4K | +5% | +$486.1K | |
| 2024-01-02 | 2023-12-31 | OTTR | MOUG KEVIN G | CFO, SVP | A - Grant | $85.28 | +13.8K | 113.7K | +14% | +$1.18M |
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 | 2023-12-31 | M | A | 5,700 | $85.28 | 119,401 | D | — | — | (F2) Represents shares beneficially owned by the reporting person upon the vesting of Restricted Stock Units that were previously reported. Payout of these shares will be deferred until June 30, 2024 due to IRS section 409A restrictions and may be subject to tax withholding at payout. (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, Restricted Stock Units, and Performance Share Awards. |
| 2 | Common | Common Stock | 2023-12-31 | A | A | 13,800 | $85.28 | 113,701 | D | — | — | (F1) Represents shares beneficially owned by the reporting person upon the vesting of Performance Share Awards that were granted in 2022 and 2023. Payout of these shares will be deferred until June 30, 2024 due to IRS section 409A restrictions and may be subject to tax withholding at payout. |