Nathan I. Partain - Apr 8, 2024 Form 4 Insider Report for Otter Tail Corp (OTTR)

Role
Director
Signature
/s/ Nathan I. Partain by James A. Versteeg, Attorney-in-Fact
Stock symbol
OTTR
Transactions as of
Apr 8, 2024
Transactions value $
$0
Form type
4
Date filed
4/9/2024, 02:41 PM
Previous filing
Jan 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTTR Common Stock Award +2K +45.57% 6.39K Apr 8, 2024 Direct F1, F2, F3
holding OTTR Common Stock 67.6K Apr 8, 2024 by Trust
holding OTTR Common Stock 1.6K Apr 8, 2024 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 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 through the Dividend Reinvestment Plan and shares acquired individually pursuant to Restricted Stock Award distributions.