John S. Abbott - Feb 7, 2022 Form 4 Insider Report for Otter Tail Corp (OTTR)

Role: Pres Varistar, Sr VP, M/I Plat
Signature: /s/ John S Abbott by Ella Leapaldt, Attorney-in-Fact
Stock symbol: OTTR
Transactions as of: Feb 7, 2022
Transactions value $: $274,938
Form type: 4
Date filed: 2/8/2022, 04:47 PM
Previous filing: Feb 8, 2022
Next filing: Feb 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OTTR	Common Stock	Award	$552K	+9K	+36.67%	$61.37	33.5K	Feb 7, 2022	Direct	F1
transaction	OTTR	Common Stock	Tax liability	-$277K	-4.52K	-13.47%	$61.37	29K	Feb 7, 2022	Direct	F2, F3
holding	OTTR	Common Stock						5K	Feb 7, 2022	by Trust

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	Award	$0	+1.6K		$0.00	1.6K	Feb 7, 2022	Common Stock	1.6K		Direct	F4, F5
holding	OTTR	Restricted Stock Units						425	Feb 7, 2022	Common Stock	425		Direct	F4, F5
holding	OTTR	Restricted Stock Units						800	Feb 7, 2022	Common Stock	800		Direct	F4, F5
holding	OTTR	Restricted Stock Units						1.73K	Feb 7, 2022	Common Stock	1.73K		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares received upon the vesting of certain performance criteria in connection with a Performance Share Award(granted in 2019).
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 pursuant to Restricted Stock Awards and Performance Share 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.