Otter Tail Corp — Director's Dealing 2015

Feb 10, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Otter Tail Corp (OTTR)
CIK: 0001466593
Period of Report: 2015-02-06

Reporting Person: ROGELSTAD TIMOTHY J (Sr VP, Elect Plat; Pres OTP)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-06	Restricted Stock Units (right to buy)	$	A	1800	Acquired	2016-02-06	Common Stock (1800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2907.5504	Direct
Common Stock	1985.4563	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units (right to buy)	$	2015-04-08	Common Stock (250)	250	Direct
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

Footnotes

F1: Total direct holdings include shares jointly held with spouse that were acquired through the Employee Stock Purchase Plan and shares acquired pursuant to Restricted Stock Awards and Restricted Stock Units.

F2: Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation common stock.

F3: The restricted stock units vest in four equal annual installments beginning February 6, 2016.

F4: 1 -for -1