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Otter Tail Corp Director's Dealing 2010

Feb 16, 2010

31280_dirs_2010-02-16_c19b5d2c-33b1-4afb-805f-eb7143da00a5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Otter Tail Corp (OTTR)
CIK: 0001466593
Period of Report: 2010-02-12

Reporting Person: KOECK GEORGE A (Corp Secretary & Gen Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-12 Common Stock M 4338 Acquired 17116.08 Direct
2010-02-12 Common Stock F 1510 Disposed 15606.08 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-02-12 Performance Rights $ M 4338 Disposed Common Stock (4338) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 797.9046 Indirect

Footnotes

F1: The fair market value on date of grant 10/29/2007 was $35.84 with fair market value on vesting date of $20.575.

F2: Total direct holdings include shares held in the Dividend Reinvestment Plan and shares acquired pursuant to Restricted Stock Awards and Performance Award distributions.

F3: Performance Award: On 2/12/2010, 1,510 shares were withheld by the Corporation to pay taxes due upon vesting of this award, exempt pursuant to Rule 16b-3(e).

F4: This Performance Share Award had no conversion or exercise price established at the time of the grant.

F5: There is no specific "Exercisable Date" on this Performance Share Award.

F6: There is no specific "Expiration Date" on this Performance Share Award.