Todd R. Wahlund - 06 Feb 2025 Form 4 Insider Report for Otter Tail Corp (OTTR)

Role
Chief Financial Officer
Signature
/s/ Todd R. Wahlund by James A. Versteeg, Attorney-in-Fact
Issuer symbol
OTTR
Transactions as of
06 Feb 2025
Net transactions value
-$12,954
Form type
4
Filing time
07 Feb 2025, 14:55:38 UTC
Previous filing
09 Apr 2024
Next filing
13 Feb 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 +300 +3.5% 8,872 06 Feb 2025 Direct F1
transaction OTTR Common Stock Tax liability $12,954 -164 -1.8% $78.99 8,708 06 Feb 2025 Direct F2, F3
holding OTTR Common Stock 2,972 06 Feb 2025 By ESOP
holding OTTR Common Stock 5 06 Feb 2025 By Spouse

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 -300 -25% $0.000000 900 06 Feb 2025 Common Stock 900 Direct F1, F4
holding OTTR Restricted Stock Units 600 06 Feb 2025 Common Stock 600 Direct F1, F5
holding OTTR Restricted Stock Units 460 06 Feb 2025 Common Stock 460 Direct F1, F5
holding OTTR Restricted Stock Units 600 06 Feb 2025 Common Stock 600 Direct F1, F5
* 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 restricted stock unit distributions.
F4 The restricted stock units vest in four equal annual installments beginning the date shown above.
F5 Restricted stock units vest four years from date shown above.