ALLETE INC — Director's Dealing 2014

Jan 29, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLETE INC (ALE)
CIK: 0000066756
Period of Report: 2014-01-27

Reporting Person: Hodnik Alan R (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-27	Common Stock	A	4010	—	Acquired	32877.88	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6498	Indirect

Footnotes

F1: Includes shares acquired in exempt transactions under the dividend reinvestment features of ALLETE's stock purchase and dividend reinvestment plan and ALLETE's employee stock purchase plan, and under the dividend equivalent feature of restricted stock granted under ALLETE's long-term incentive compensation plan; all based on plan information available as of December 31, 2013.

F2: Includes shares acquired in exempt transactions under ALLETE's retirement savings and stock ownership plan (RSOP) and is based on RSOP plan information available as of December 31, 2013.