Otter Tail Corp — Director's Dealing 2014

Mar 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Otter Tail Corp (OTTR)
CIK: 0001466593
Period of Report: 2014-03-14

Reporting Person: MACFARLANE CHARLES S (Sr VP, Electric Platform)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-14	Common Stock	M	3000	$26.495	Acquired	73192.4255	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-14	Stock Options (right to buy)	$26.495	M	3000	Disposed	2014-04-12	Common Stock (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1977.0156	Indirect
Common Stock	1660.6689	Indirect
Common Stock	1660.6689	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: Total direct holdings include shares acquired through the Dividend Reinvestment Plan, the Employee Stock Purchase Plan and shares acquired pursuant to Restricted Stock Awards and Restricted Stock Unit distributions.

F2: Stock Options vest 100% six months from the date of the grant.