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Otter Tail Corp — Director's Dealing 2015
Apr 10, 2015
31280_dirs_2015-04-10_0a7dd750-9f5e-4064-b7c7-f96d95a6e6c5.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: 2015-04-08
Reporting Person: ROGELSTAD TIMOTHY J (Sr VP, Elect Plat; Pres OTP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-04-08 | Common Stock | M | 250 | — | Acquired | 3165.8383 | Direct |
| 2015-04-08 | Common Stock | F | 85 | $31.845 | Disposed | 3080.8383 | Direct |
| 2015-04-08 | Common Stock | F | 152 | $31.845 | Disposed | 2928.8383 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-04-08 | Restricted Stock Units (right to buy) | $ | M | 250 | Disposed | 2015-04-08 | Common Stock (250) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2088.949 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units (right to buy) | $ | 2016-04-08 | Common Stock (250) | 250 | Direct |
| Restricted Stock Units (right to buy) | $ | 2016-04-08 | Common Stock (1000) | 1000 | Direct |
| Restricted Stock Units (right to buy) | $ | 2017-04-08 | Common Stock (250) | 250 | Direct |
| Restricted Stock Units (right to buy) | $ | 2016-02-06 | Common Stock (1800) | 1800 | Direct |
Footnotes
F1: The reporting person receives one share of Common Stock for each restricted stock unit that vests.
F2: Grant of Restricted Stock Units. On 4/8/2015, 85 shares of Common Stock were withheld by the Corporation to pay taxes due upon vesting of restricted stock units, exempt pursuant to Rule 16b-3(e).
F3: Grant of Restricted Stock. On 4/8/2015, 152 shares of Common Stock were withheld by the Corporation to pay taxes due upon vesting of restricted stock, exempt pursuant to Rule 16b-3(e).
F4: Total direct holdings include shares jointly held with spouse that were acquired through the Employee Stock Purchase Plan, shares held in the Dividend Reinvestment Plan and shares acquired pursuant to Restricted Stock Awards and Restricted Stock Units.
F5: Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation common stock.