Todd R. Wahlund - 06 Feb 2024 Form 4 Insider Report for Otter Tail Corp (OTTR)

Role: Chief Financial Officer
Signature: /s/ Todd R. Wahlund by James A. Versteeg, Attorney-in-Fact
Issuer symbol: OTTR
Transactions as of: 06 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 08 Feb 2024, 13:51:24 UTC
Previous filing: 08 Jan 2024
Next filing: 09 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	OTTR	Common Stock						7,825	06 Feb 2024	Direct	F1
holding	OTTR	Common Stock						2,905	06 Feb 2024	By ESOP
holding	OTTR	Common Stock						5	06 Feb 2024	By Spouse

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	+1,200		$0.000000	1,200	06 Feb 2024	Common Stock	1,200		Direct	F2, F3
holding	OTTR	Restricted Stock Units						550	06 Feb 2024	Common Stock	550		Direct	F2, F4
holding	OTTR	Restricted Stock Units						600	06 Feb 2024	Common Stock	600		Direct	F2, F4
holding	OTTR	Restricted Stock Units						460	06 Feb 2024	Common Stock	460		Direct	F2, F4
holding	OTTR	Restricted Stock Units						600	06 Feb 2024	Common Stock	600		Direct	F2, F4

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

Explanation of Responses:

Id	Content
F1	Total direct holdings include shares acquired through the dividend reinvestment plan, the Employee Stock Purchase Plan, and shares acquired pursuant to restricted stock unit distributions.
F2	Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation stock.
F3	The restricted stock units vest in four equal annual installments beginning the date shown above.
F4	The restricted stock units vest four years from date shown above.