THOMAS J. WEBB - 11 Apr 2022 Form 4 Insider Report for Otter Tail Corp (OTTR)

Role
Director
Signature
/s/ Thomas J Webb by Ella Leapaldt, Attorney-in-Fact
Issuer symbol
OTTR
Transactions as of
11 Apr 2022
Net transactions value
$0
Form type
4
Filing time
12 Apr 2022, 16:19:49 UTC
Next filing
19 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTTR Common Stock Award +1,900 +21% 10,800 11 Apr 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Common Stock acquired under the 2014 Stock Incentive Plan, which is a grant of Restricted Stock. The shares granted on 4/11/2022 will vest in near-equal installments of one-third per year beginning April 8, 2023.
F2 The grant has a fair market value of $63.135.
F3 Total direct holdings include shares acquired individually pursuant to Restricted Stock Awards and Performance Share Award distributions.