Otter Tail Corp — Director's Dealing 2017

Feb 4, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Otter Tail Corp (OTTR)
CIK: 0001466593
Period of Report: 2017-02-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-02	Common Stock	A	4343	—	Acquired	5086.2458	Direct
2017-02-02	Common Stock	F	2057	$37.65	Disposed	3029.2458	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-02	Restricted Stock Units	$	A	800	Acquired		Common Stock (800)	Direct

Footnotes

F1: Represents shares received upon the vesting of certain performance criteria in connection with a Performance Shares Award(granted in 2014).

F2: Total direct holding include shares acquired through the Dividend Reinvestment Program, 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 annual installments beginning the date shown above.