ALLETE INC — Director's Dealing 2013

May 14, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLETE INC (ALE)
CIK: 0000066756
Period of Report: 2013-05-13

Reporting Person: DeVinck Steven Q (Controller & VP Bus. Support)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-13	Common Stock	M	1786	$44.15	Acquired	8353.49	Direct
2013-05-13	Common Stock	M	1771	$48.65	Acquired	10124.49	Direct
2013-05-13	Common Stock	S	1786	$50.90	Disposed	8338.49	Direct
2013-05-13	Common Stock	S	200	$50.49	Disposed	8138.49	Direct
2013-05-13	Common Stock	S	400	$50.48	Disposed	7738.49	Direct
2013-05-13	Common Stock	S	200	$50.43	Disposed	7538.49	Direct
2013-05-13	Common Stock	S	100	$50.42	Disposed	7438.49	Direct
2013-05-13	Common Stock	S	871	$50.40	Disposed	6567.49	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-13	Employee Stock Option (Rt. to Buy)	$44.15	M	1786	Disposed	2016-02-01	Common Stock (1786)	Direct
2013-05-13	Employee Stock Option (Rt. to Buy)	$48.65	M	1771	Disposed	2017-02-01	Common Stock (1771)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6159.09	Indirect

Footnotes

F1: Includes shares acquired in exempt transactions pursuant to the dividend equivalent feature of restricted stock granted under ALLETE's executive long-term incentive compensation plan, based on plan information available as of May 1, 2013.

F2: Includes shares acquired in exempt transactions under ALLETE's retirement savings and stock ownership plan (RSOP), based on RSOP plan information available as of April 30, 2013.

F3: Option vested in three equal installments; one-third vested on February 1, 2007, one-third vested on February 1, 2008, and one-third vested on February 1, 2009.

F4: Option vested in three equal installments; one-third vested on February 1, 2008, one-third vested on February 1, 2009, and one-third vested on February 1, 2010.