Otter Tail Corp — Director's Dealing 2017

Apr 11, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Otter Tail Corp (OTTR)
CIK: 0001466593
Period of Report: 2017-04-08

Reporting Person: MACFARLANE CHARLES S (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-08	Common Stock	F	715	$38.075	Disposed	107502.144	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	433.236	Indirect
Common Stock	433.236	Indirect
Common Stock	1461.7666	Indirect
Common Stock	1461.7666	Indirect
Common Stock	2404.5519	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (4000)	4000	Direct
Restricted Stock Units	$		Common Stock (7125)	7125	Direct
Restricted Stock Units	$		Common Stock (6900)	6900	Direct

Footnotes

F1: Grant of Restricted Stock. On 4/8/2017, 715 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 stock.

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

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

F6: The restricted stock units vest in four equal annual installments beginning February 6, 2018.