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Otter Tail Corp — Director's Dealing 2016
Apr 12, 2016
31280_dirs_2016-04-11_26115ac3-8275-4c9f-9041-51ecd518023a.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: 2016-04-08
Reporting Person: KNUTSON PAUL L (VP of Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-04-08 | Common Stock | F | 232 | $28.415 | Disposed | 2938.586 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Common Stock | $ | Common Stock (675) | 675 | Direct | |
| Common Stock | $ | Common Stock (1100) | 1100 | Direct | |
| Common Stock | $ | 2020-02-06 | Common Stock (6400) | 6400 | Direct |
Footnotes
F1: Grant of Restricted Stock. On 4/8/2016, 232 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 held in the Dividend Reinvestment Plan and shares acquired pursuant to Restricted Stock Award distributions.
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.