Paul L. Knutson - 06 Feb 2025 Form 4 Insider Report for Otter Tail Corp (OTTR)

Role
VP, Human Resources
Signature
/s/ Paul L. Knutson by James A. Versteeg, Attorney-in-Fact
Issuer symbol
OTTR
Transactions as of
06 Feb 2025
Net transactions value
-$24,487
Form type
4
Filing time
07 Feb 2025, 12:34:11 UTC
Previous filing
28 May 2024
Next filing
13 Feb 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 Options Exercise +775 +3.8% 21,150 06 Feb 2025 Direct F1
transaction OTTR Common Stock Tax liability $24,487 -310 -1.5% $78.99 20,840 06 Feb 2025 Direct F2, F3

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 Options Exercise $0 -250 -100% $0.000000 0 06 Feb 2025 Common Stock 0 Direct F1, F4
transaction OTTR Restricted Stock Units Options Exercise $0 -175 -50% $0.000000 175 06 Feb 2025 Common Stock 175 Direct F1, F4
transaction OTTR Restricted Stock Units Options Exercise $0 -200 -33% $0.000000 400 06 Feb 2025 Common Stock 400 Direct F1, F4
transaction OTTR Restricted Stock Units Options Exercise $0 -150 -25% $0.000000 450 06 Feb 2025 Common Stock 450 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation stock.
F2 These shares were withheld by the Corporation to pay taxes due upon vesting of this award, exempt pursuant to Rule 16b-3(e).
F3 Total direct holdings include shares acquired individually through dividend reinvestment, Employee Stock Purchase Plan, and acquired pursuant to Restricted Stock Awards and Performance Share Awards.
F4 The restricted stock units vest in four equal annual installments beginning the date shown above.