AI assistant
Otter Tail Corp — Director's Dealing 2011
Dec 19, 2011
31280_dirs_2011-12-19_8ebae762-af73-478a-90c1-d2ef11373511.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Otter Tail Corp (OTTR)
CIK: 0001466593
Period of Report: 2011-12-15
Reporting Person: ERICKSON JOHN D (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-12-15 | Common Stock | M | 35200 | $21.191 | Acquired | 152516 | Direct |
| 2011-12-15 | Common Stock | M | 27000 | $21.191 | Acquired | 179516 | Direct |
| 2011-12-15 | Common Stock | M | 26100 | $21.191 | Acquired | 205616 | Direct |
| 2011-12-15 | Common Stock | F | 18780 | $21.191 | Disposed | 186836 | Direct |
| 2011-12-15 | Common Stock | F | 14735 | $21.191 | Disposed | 172101 | Direct |
| 2011-12-15 | Common Stock | F | 15113 | $21.191 | Disposed | 156988 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4981.9817 | Indirect |
Footnotes
F1: Performance Share Award acquired under the 1999 Stock Incentive Plan. Mr. Erickson resigned as an officer from the company effective 12/15/2011 and as a result his performance shares vested at target upon termination.
F2: On 12/15/2011, 18,780 shares of Common Stock were withheld by the Corporation to pay taxes due, exempt pursuant to Rule 16b-3(e).
F3: On 12/15/2011, 14,735 shares of Common Stock were withheld by the Corporation to pay taxes due, exempt pursuant to Rule 16b-3(e).
F4: On 12/15/2011, 15,113 shares of Common Stock were withheld by the Corporation to pay taxes due, exempt pursuant to Rule 16b-3(e).
F5: Total direct holdings include shares jointly held with spouse at Merrill Lynch and shares acquired individually pursuant to Restricted Stock Awards and Performance Award distributions.