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: MACFARLANE CHARLES S (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-14	Common Stock	A	6000	—	Acquired	77227.4611	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2094.3482	Indirect
Common Stock	1677.3527	Indirect
Common Stock	1677.3527	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (right to buy)	$24.93	2015-04-11	Common Stock (3000)	3000	Direct

Footnotes

F1: Shares of Common Stock acquired under the 2014 Stock Incentive Plan, which is a grant of Restricted Stock. The 6,000 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 acquired through the Dividend Reinvestment Plan, the Employee Stock Purchase Plan and shares acquired pursuant to Stock Options, Restricted Stock Awards & Restricted Stock Unit distributions.

F4: Stock Options vest 100% six months from the date of the grant.