JOHN D. ERICKSON - 17 Apr 2023 Form 4 Insider Report for Otter Tail Corp (OTTR)

Role
Director
Signature
/s/ John D. Erickson by Mitchell L. Bossert, Attorney-in-Fact
Issuer symbol
OTTR
Transactions as of
17 Apr 2023
Net transactions value
$0
Form type
4
Filing time
19 Apr 2023, 12:55:15 UTC
Previous filing
22 Nov 2022
Next filing
20 Nov 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 +1,600 +89% 3,400 17 Apr 2023 Direct F1, F2, F3
holding OTTR Common Stock 143,489 17 Apr 2023 By Trust
holding OTTR Common Stock 4,516 17 Apr 2023 By IRA
* 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 2023 Stock Incentive Plan, which is a grant of Restricted Stock. The shares granted on April 17, 2023 will vest in near-equal installments of one-third per year beginning April 8, 2024.
F2 This grant has a fair market value of $73.3525.
F3 Total direct holdings include shares acquired individually and pursuant to Restricted Stock Award distributions.