Charles S. Macfarlane - Dec 31, 2023 Form 5 Insider Report for Otter Tail Corp (OTTR)

Role: President & CEO
Signature: /s/ Charles S. MacFarlane by Mitchell L. Bossert, Attorney-in-Fact
Stock symbol: OTTR
Transactions as of: Dec 31, 2023
Transactions value $: $0
Form type: 5
Date filed: 1/23/2024, 04:40 PM
Previous filing: Feb 9, 2023
Next filing: Feb 8, 2024

Transactions Table

Type	Sym	Class	Shares After	Date	Ownership	Footnotes
holding	OTTR	Common Stock	150K	Dec 31, 2023	Direct	F1
holding	OTTR	Common Stock	32.1K	Dec 31, 2023	by Grantor Retained Annuity Trust	F1
holding	OTTR	Common Stock	75.5K	Dec 31, 2023	by Spousal Lifetime Access Trust
holding	OTTR	Common Stock	2.91K	Dec 31, 2023	by ESOP

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

Explanation of Responses:

Id	Content
F1	10,555 shares were distributed back to direct holdings on March 9, 2023 from the reporting person's Grantor Retained Annuity Trust based on the terms of the trust. The direct holdings reported also include shares acquired through the Dividend Reinvestment Plan, the Employee Stock Purchase Plan and shares acquired pursuant to Stock Options, Restricted Stock Awards, Restricted Stock Units, and Performance Share Awards.

Content

10,555 shares were distributed back to direct holdings on March 9, 2023 from the reporting person's Grantor Retained Annuity Trust based on the terms of the trust. The direct holdings reported also include shares acquired through the Dividend Reinvestment Plan, the Employee Stock Purchase Plan and shares acquired pursuant to Stock Options, Restricted Stock Awards, Restricted Stock Units, and Performance Share Awards.