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Otter Tail Corp — Director's Dealing 2011
Apr 13, 2011
31280_dirs_2011-04-12_fb2a4da2-185f-40df-b110-b2e898091cd0.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: 2011-04-08
Reporting Person: Kommer Michelle L (VP of Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-04-08 | Common Stock | F | 94 | $22.83 | Disposed | 1043.896 | Direct |
| 2011-04-11 | Common Stock | A | 1000 | — | Acquired | 2043.896 | Direct |
Footnotes
F1: Grant of Restricted Stock. On 4/8/2011, 94 shares of Common Stock were withheld by the Corporation to pay taxes due upon vesting of restricted stock, exempt pursuant to Rule 16b-3(e).
F2: Shares of Common Stock acquired under the Corporation's Stock Incentive Plan, which is a grant of Restricted Stock. The 1,000 shares granted 4/11/11 vest 25% yearly commencing 4/8/2012.
F3: This grant has a FMV of $22.51.
F4: Total direct holdings include shares acquired through the Employee Stock Purchase Plan and shares acquired individually pursuant to Restricted Stock Awards.