Charles S. Macfarlane - Feb 6, 2023 Form 4 Insider Report for Otter Tail Corp (OTTR)

Role
President & CEO
Signature
/s/ Charles S. MacFarlane by Mitchell L. Bossert, Attorney-in-Fact
Stock symbol
OTTR
Transactions as of
Feb 6, 2023
Transactions value $
-$276,367
Form type
4
Date filed
2/8/2023, 03:29 PM
Previous filing
Jan 24, 2023
Next filing
Feb 9, 2023
SEC
View on sec.gov

Transactions Table

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OTTR Restricted Stock Units Options Exercise $0 -1.98K -100% $0.00* 0 Feb 6, 2023 Common Stock 0 Direct F1, F4
transaction OTTR Restricted Stock Units Options Exercise $0 -2K -50% $0.00 2K Feb 6, 2023 Common Stock 2K Direct F1, F4
transaction OTTR Restricted Stock Units Options Exercise $0 -2.88K -33.33% $0.00 5.75K Feb 6, 2023 Common Stock 5.75K Direct F1, F4
transaction OTTR Restricted Stock Units Options Exercise $0 -2.18K -25% $0.00 6.53K Feb 6, 2023 Common Stock 6.53K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation 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 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.
F4 The restricted stock units vest in four equal annual installments beginning the date shown above.