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Otter Tail Corp Director's Dealing 2024

Mar 13, 2024

31280_dirs_2024-03-13_b7d56b95-8a1b-4432-a1f2-2230e8d5c1ce.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Otter Tail Corp (OTTR)
CIK: 0001466593
Period of Report: 2024-03-12

Reporting Person: MACFARLANE CHARLES S (President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-03-12 Common Stock G 23046 Disposed 0 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 194649 Direct
Common Stock 75459 Indirect
Common Stock 2923 Indirect

Footnotes

F1: On March 1, 2021, the reporting person contributed 54,884 shares of Otter Tail Corporation common stock to a grantor retained annuity trust for the benefit of himself and his two adult children. Upon termination of the trust on March 12, 2024, 23,046 of the shares were transferred to the trusts of the reporting persons children and 9,072 shares were distributed back to the reporting persons direct holdings. The remaining 22,766 shares were previously distributed to the reporting person and continue to be reported in this Form 4 as directly owned.

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.