Form 4 for OTTR Otter Tail Corp
Accepted 2024-02-08 00:00:00 ET · period of report 2024-02-06 · accession 0001466593-24-000014 · 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 | 2024-02-08 | 2024-02-06 | OTTR | Smestad Jennifer O. | VP, General Council, Corp Sec | A - Grant | $93.33 | +8,400 | 19.8K | +73% | +$784.0K |
| D | 2024-02-08 | 2024-02-06 | OTTR | Smestad Jennifer O. | VP, General Council, Corp Sec | M - OptEx | $93.33 | +1,300 | 17.0K | +8% | +$121.3K |
| DM | 2024-02-08 | 2024-02-06 | OTTR | Smestad Jennifer O. | VP, General Council, Corp Sec | F - Tax | $93.33 | -4,849 | 15.7K | -24% | -$452.6K |
| DM | 2024-02-08 | 2024-02-06 | OTTR | Smestad Jennifer O. | VP, General Council, Corp Sec | M - OptEx | $0.00 | -1,300 | 0 | -100% | $0 |
| D | 2024-02-08 | 2024-02-06 | OTTR | Smestad Jennifer O. | VP, General Council, Corp Sec | A - Grant | $0.00 | +1,000 | 1,000 | 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 | 2024-02-06 | A | A | 8,400 | $93.33 | 19,849 | D | — | — | (F1) Represents shares received upon the vesting of certain performance criteria in connection with a Performance Share Award (granted in 2021). |
| 2 | Common | Common Stock | 2024-02-06 | M | A | 1,300 | $93.33 | 16,994 | D | — | — | (F3) Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation stock. |
| 3 | Common | Common Stock | 2024-02-06 | F | D | 694 | $93.33 | 16,300 | 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). (F4) 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 Share Awards. |
| 4 | Common | Common Stock | 2024-02-06 | F | D | 4,155 | $93.33 | 15,694 | 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). |
| 5 | Derivative | Restricted Stock Units | 2024-02-06 | M | D | 400 | $0.00 | 400 | D | — · 2022-02-06 to — | 400 Common Stock | (F3) 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. |
| 6 | Derivative | Restricted Stock Units | 2024-02-06 | M | D | 325 | $0.00 | 975 | D | — · 2024-02-06 to — | 975 Common Stock | (F3) 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. |
| 7 | Derivative | Restricted Stock Units | 2024-02-06 | M | D | 275 | $0.00 | 550 | D | — · 2023-02-06 to — | 550 Common Stock | (F3) 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. |
| 8 | Derivative | Restricted Stock Units | 2024-02-06 | M | D | 300 | $0.00 | 0 | D | — · 2021-02-06 to — | 0 Common Stock | (F3) 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. |
| 9 | Derivative | Restricted Stock Units | 2024-02-06 | A | A | 1,000 | $0.00 | 1,000 | D | — · 2025-02-06 to — | 1,000 Common Stock | (F3) 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. |