Michael E. LeBeau - 08 Apr 2024 Form 4 Insider Report for Otter Tail Corp (OTTR)

Role
Director
Signature
/s/ Michael E. LeBeau by James A. Versteeg, Attorney-in-Fact
Issuer symbol
OTTR
Transactions as of
08 Apr 2024
Net transactions value
$0
Form type
4
Filing time
09 Apr 2024, 14:21:08 UTC
Previous filing
19 Apr 2023
Next filing
14 Apr 2025
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 +1,700 +39% 6,100 08 Apr 2024 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 2023 Stock Incentive Plan, which is a grant of Restricted Stock. The shares granted on April 8, 2024 will vest in near-equal installments of one-third per year beginning April 8, 2025.
F2 This grant has a fair market value of $87.02.
F3 Total direct holdings include shares acquired individually pursuant to Restricted Stock Award distributions and shares received pursuant to Otter Tail Corporation's Compensation Plan for Outside Directors.