Otter Tail Corp — Director's Dealing 2015

Mar 25, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Otter Tail Corp (OTTR)
CIK: 0001466593
Period of Report: 2015-03-23

Reporting Person: MACFARLANE CHARLES S (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-23	Common Stock	M	3000	$24.93	Acquired	90326.0739	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-23	Stock Options (rights to buy)	$24.93	M	3000	Disposed	2015-04-11	Common Stock (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2160.5098	Indirect
Common Stock	1730.3181	Indirect
Common Stock	1730.3181	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units (right to buy)	$	2016-02-06	Common Stock (8000)	8000	Direct

Footnotes

F1: 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 and Restricted Stock Unit distributions.

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

F3: 1 -for -1