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ALLETE INC Director's Dealing 2019

May 22, 2019

31193_dirs_2019-05-22_6ea6ab21-4710-4cde-9eea-9b4db85a421d.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: 2019-05-21

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-05-21 Common Stock S 4000 $82.24 Disposed 76853.63 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 377.87 Indirect

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 14, 2018.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.73-$82.54, 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 pursuant to ALLETE's retirement savings and stock ownership plan (RSOP) and is based on RSOP plan information available as of May 1, 2019.