Otter Tail Corp — Director's Dealing 2019

Feb 7, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Otter Tail Corp (OTTR)
CIK: 0001466593
Period of Report: 2019-02-06

Reporting Person: MOUG KEVIN G (CFO & Sr VP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-06	Common Stock	M	2850	—	Acquired	59366	Direct
2019-02-06	Common Stock	F	896	$48.045	Disposed	58470	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-06	Restricted Stock Units	$	M	725	Disposed	2019-02-06	Common Stock (0)	Direct
2019-02-06	Restricted Stock Units	$	M	900	Disposed		Common Stock (900)	Direct
2019-02-06	Restricted Stock Units	$	M	625	Disposed		Common Stock (1250)	Direct
2019-02-06	Restricted Stock Units	$	M	600	Disposed		Common Stock (1800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	176	Indirect
Common Stock	176	Indirect
Common Stock	321	Indirect

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation common stock.

F2: These shares were withheld by the Corporation to pay taxes due upon vesting of this award, exempt pursuant to Rule 16b-3(e).

F3: Total direct holdings include shares jointly held with spouse, shares acquired individually through the Employee Stock Purchase Plan and shares acquired pursuant to Restricted Stock Awards and Performance Award distributions.

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

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

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

F7: The restricted stock units vest in four equal annual installments which began February 6, 2019.