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ALLETE INC — Director's Dealing 2013
Mar 4, 2013
31193_dirs_2013-03-04_2f8487dc-67ad-4468-9527-30553d9f2c3e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ALLETE INC (ALE)
CIK: 0000066756
Period of Report: 2013-03-01
Reporting Person: SCHOBER MARK A (Sr. VP & CFO ALLETE)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-03-01 | Common Stock | M | 3579 | $37.76 | Acquired | 25195.54 | Direct |
| 2013-03-01 | Common Stock | M | 13787 | $39.10 | Acquired | 38982.54 | Direct |
| 2013-03-01 | Common Stock | S | 17366 | $46.90 | Disposed | 21616.54 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-03-01 | Employee Stock Option (Rt. to Buy) | $37.76 | M | 3579 | Disposed | 2014-02-02 | Common Stock (3579) | Direct |
| 2013-03-01 | Employee Stock Option (Rt. to Buy) | $39.10 | M | 13787 | Disposed | 2018-02-01 | Common Stock (13787) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 15070.26 | Indirect |
| Common Stock | 118.26 | Indirect |
Footnotes
F1: Includes shares acquired in exempt transactions under the dividend reinvestment feature of ALLETE's employee stock purchase plan, based on plan information available as of March 1, 2013.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.78 to $47.08, inclusive. The reporting person undertakes to provide to ALLETE, any security holder of ALLETE, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range provided above.
F3: Includes shares acquired in exempt transactions under ALLETE's retirement savings and stock ownership plan (RSOP), based on plan information available as of March 1, 2013.
F4: The option vested in three equal installments; one-third vested on February 2, 2005, one-third vested on February 2, 2006, and one-third vested on February 2, 2007.
F5: The option vested in three equal installments; one-third vested on February 1, 2009, one-third vested on February 1, 2010, and one-third vested on February 1, 2011.