ALLETE INC — Director's Dealing 2015

Aug 18, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLETE INC (ALE)
CIK: 0000066756
Period of Report: 2015-08-17

Reporting Person: McMillan David J (SVP - External Affairs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-08-17	Common Stock	M	4019	$48.65	Acquired	19162.18	Direct
2015-08-17	Common Stock	S	3319	$52.00	Disposed	15843.18	Direct
2015-08-17	Common Stock	S	100	$52.02	Disposed	15743.18	Direct
2015-08-17	Common Stock	S	600	$52.03	Disposed	15143.18	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-08-17	Employee Stock Option-Right to Buy	$48.65	M	4019	Disposed	2017-02-01	Common Stock (4019)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11620.46	Indirect

Footnotes

F1: Option vested in three equal installments; one-third vested on February 1, 2008, one-third on February 1, 2009 and one -third on February 1, 2010.