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Otter Tail Corp — Director's Dealing 2011
Apr 13, 2011
31280_dirs_2011-04-12_45adffff-6b50-4b6f-bfc7-d54b94c27236.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: KOECK GEORGE A (Corp Secretary & Gen Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-04-08 | Common Stock | F | 822 | $22.83 | Disposed | 9872.1938 | Direct |
| 2011-04-11 | Common Stock | A | 2500 | — | Acquired | 12372.1938 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 855.5919 | Indirect |
Footnotes
F1: Grant of Restricted Stock. On 4/8/2011, 822 shares of Common Stock were withhled 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 2,500 shares granted 4/11/2011 vest 25% yearly commencing 4/8/2012.
F3: This grant has a FMV of $22.51.
F4: Total direct holdings include shares held in the Dividend Reinvestment Plan and shares acquired pursuant to Restricted Stock Awards and Performance Award distributions.