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Otter Tail Corp — Director's Dealing 2010
Feb 10, 2010
31280_dirs_2010-02-10_bae55dee-ae02-4193-b25a-bd0e634a8109.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: MOLBERT LAURIS N (COO & Exec Vice Pres)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-02-08 | Performance Rights | $ | A | 11228 | Acquired | Common Stock (11228) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 62235 | Direct |
| Common Stock | 235.7495 | Indirect |
Footnotes
F1: Total direct holdings include shares held with spouse through Wells Fargo and shares acquired individually pursuant to Restricted Stock Award and Performance Award distributions.
F2: This is a Performance Share Award and has no conversion or 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.