Otter Tail Corp — Director's Dealing 2016

Apr 12, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Otter Tail Corp (OTTR)
CIK: 0001466593
Period of Report: 2016-04-08

Reporting Person: MACFARLANE CHARLES S (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-04-08	Common Stock	F	994	$28.415	Disposed	90436.0491	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2320.9596	Indirect
Common Stock	1829.4631	Indirect
Common Stock	1829.4631	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock	$		Common Stock (6000)	6000	Direct
Common Stock	$		Common Stock (9500)	9500	Direct

Footnotes

F1: Grant of Restricted Stock. On 4/8/2016, 994 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).

F2: 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 Units and Performance Share Awards.

F3: Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation common stock.

F4: The restricted stock units vest in four equal annual installments beginning February 6, 2016.

F5: The restricted stock units vest in four equal annual installments beginning February 6, 2017.