Otter Tail Corp — Director's Dealing 2014

Apr 16, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Otter Tail Corp (OTTR)
CIK: 0001466593
Period of Report: 2014-04-14

Reporting Person: Waslaski Shane N (Pres-Varistar, Sr VP-OTC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-14	Common Stock	A	2100	—	Acquired	10467.5149	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units (right to buy)	$	2015-04-08	Common Stock (5500)	5500	Direct

Footnotes

F1: Shares of Common Stock acquired under the 2014 Stock Incentive Plan, which is a grant of Restricted Stock. The 2,100 shares granted 4/14/2014 vest 25% yearly commencing 4/8/2015.

F2: This grant has a FMV of $29.41.

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

F4: 1 -for -1