ALLETE INC — Director's Dealing 2017

Jan 25, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLETE INC (ALE)
CIK: 0000066756
Period of Report: 2017-01-23

Reporting Person: AMBERG DEBORAH A (SrVP, Chief Strat Off.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-23	Common Stock	A	876	—	Acquired	11038.44	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8506.8	Indirect

Footnotes

F1: Includes shares acquired in exempt transactions under the dividend equivalent feature of restrictive stock unit grants pursuant to ALLETE's executive long-term incentive plan based on plan information available as of January 15, 2017.

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 December 31, 2016. Since the date of her last ownership report, the reporting person transferred 1,318 shares of ALLETE common stock from her RSOP account to her former spouse pursuant to a qualified domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by her former spouse.