Paul L. Knutson - Feb 6, 2025 Form 4 Insider Report for Otter Tail Corp (OTTR)

Role
VP, Human Resources
Signature
/s/ Paul L. Knutson by James A. Versteeg, Attorney-in-Fact
Stock symbol
OTTR
Transactions as of
Feb 6, 2025
Transactions value $
-$24,487
Form type
4
Date filed
2/7/2025, 12:34 PM
Previous filing
May 28, 2024
Next filing
Feb 13, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTTR Common Stock Options Exercise +775 +3.8% 21.2K Feb 6, 2025 Direct F1
transaction OTTR Common Stock Tax liability -$24.5K -310 -1.47% $78.99 20.8K Feb 6, 2025 Direct F2, F3

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 -250 -100% $0.00 0 Feb 6, 2025 Common Stock 0 Direct F1, F4
transaction OTTR Restricted Stock Units Options Exercise $0 -175 -50% $0.00 175 Feb 6, 2025 Common Stock 175 Direct F1, F4
transaction OTTR Restricted Stock Units Options Exercise $0 -200 -33.33% $0.00 400 Feb 6, 2025 Common Stock 400 Direct F1, F4
transaction OTTR Restricted Stock Units Options Exercise $0 -150 -25% $0.00 450 Feb 6, 2025 Common Stock 450 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 individually through dividend reinvestment, Employee Stock Purchase Plan, and acquired pursuant to Restricted Stock Awards and Performance Share Awards.
F4 The restricted stock units vest in four equal annual installments beginning the date shown above.