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Otter Tail Corp Director's Dealing 2010

Feb 10, 2010

31280_dirs_2010-02-10_86604ac6-b26e-4e4c-b0a8-623127c5a896.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: 2010-02-08

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

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-02-08 Performance Rights $ A 4338 Acquired Common Stock (4338) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 12778.08 Direct
Common Stock 797.9046 Indirect

Footnotes

F1: Total direct holdings include shares held in the Dividend Reinvestment Plan and shares acquired pursuant to Restricted Stock Awards and Performance Award distributions.

F2: This is a Performance Share Award and has no conversion of exercise price at this time.

F3: There is no specific "Exercisable Date" on this Performance Share Award.

F4: There is no specific "Expiration Date" on this Performance Share Award.

F5: The fair market value on date of grant 10/29/07 was $35.84 with fair market value on vesting date of $20.575.

F6: Performance Share Award acquired under the 1999 Stock Incentive Plan. This award was reaffirmed at the Board of Directors meeting held 2/8/2010 and is based on performance period of 1/1/2007 - 12/31/2009.