Otter Tail Corp — Director's Dealing 2016

Feb 10, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Otter Tail Corp (OTTR)
CIK: 0001466593
Period of Report: 2016-02-04

Reporting Person: KNUTSON PAUL L (VP of Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-06	Common Stock	M	225	—	Acquired	3229.3328	Direct
2016-02-06	Common Stock	F	78	$28.40	Disposed	3151.3328	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-04	Restricted Stock Units	$	A	1100	Acquired		Common Stock (1100)	Direct
2016-02-06	Restricted Stock Units	$	M	225	Disposed		Common Stock (900)	Direct

Footnotes

F1: The restricted stock units vest in four equal installments beginning February 6, 2016.

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

F3: Total direct holdings include shares held in the Dividend Reinvestment Plan and shares acquired pursuant to Restricted Stock Award distributions.

F4: These shares were withheld by the Corporation to pay taxes due upon vesting of this award, exempt pursuant to Rule 16b-3(e).

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