Otter Tail Corp — Director's Dealing 2021

Feb 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Otter Tail Corp (OTTR)
CIK: 0001466593
Period of Report: 2021-02-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-10	Common Stock	A	3084	$42.345	Acquired	16666	Direct
2021-02-10	Common Stock	F	1372	$42.345	Disposed	15294	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-10	Restricted Stock Units	$	A	1000	Acquired		Common Stock (1000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (200)	200	Direct
Restricted Stock Units	$		Common Stock (400)	400	Direct
Restricted Stock Units	$		Common Stock (525)	525	Direct

Footnotes

F1: Represents shares received upon the vesting of certain performance criteria in connection with a Performance Share Award(granted in 2018).

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 acquired individually through dividend reinvestment, Employee Stock Purchase Plan and acquired pursuant to Restricted Stock Awards and Performance Award distributions.

F4: Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation common stock.

F5: The restricted stock units vest in four equal annual installments beginning the date shown above.