John S. Abbott - 07 Feb 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
Issuer symbol
OTTR
Transactions as of
07 Feb 2022
Net transactions value
+$274,938
Form type
4
Filing time
08 Feb 2022, 16:47:09 UTC
Previous filing
08 Feb 2022
Next filing
08 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTTR Common Stock Award $552,330 +9,000 +37% $61.37 33,546 07 Feb 2022 Direct F1
transaction OTTR Common Stock Tax liability $277,392 -4,520 -13% $61.37 29,026 07 Feb 2022 Direct F2, F3
holding OTTR Common Stock 5,000 07 Feb 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 +1,600 $0.000000 1,600 07 Feb 2022 Common Stock 1,600 Direct F4, F5
holding OTTR Restricted Stock Units 425 07 Feb 2022 Common Stock 425 Direct F4, F5
holding OTTR Restricted Stock Units 800 07 Feb 2022 Common Stock 800 Direct F4, F5
holding OTTR Restricted Stock Units 1,725 07 Feb 2022 Common Stock 1,725 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.