Otter Tail Corp — Director's Dealing 2011

Apr 12, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Otter Tail Corp (OTTR)
CIK: 0001466593
Period of Report: 2011-04-11

Reporting Person: MACFARLANE JOHN C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-11	Common Stock	A	3000	—	Acquired	66866.9203	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	27506.281	Indirect

Footnotes

F1: Shares of Common Stock acquired under the Corporation's Stock Incentive Plan, which is a grant of Restricted Stock. The 3,000 shares granted 4/11/2011 vest 25% yearly commencing 4/8/2012.

F2: This grant has a FMV of $22.51.

F3: Total direct holdings include shares jointly held with spouse in the Dividend Reinvestment Plan and the Employee Stock Purchase Plan, shares held with Wells Fargo and shares acquired individually pursuant to Restricted Stock Award distributions.