Robert P. Otto - Dec 31, 2022 Form 5 Insider Report for BLACK HILLS CORP /SD/ (BKH)

Role
Director
Signature
/s/Lorna J. Gunderman
Stock symbol
BKH
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/1/2023, 05:57 PM
Previous filing
May 3, 2022
Next filing
May 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKH Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $0 +151 +2.97% $0.00 5.23K Dec 31, 2022 Direct F1

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 BKH Phantom Stock Unit Award $0 +275 +3.35% $0.00 8.48K Dec 31, 2022 Common Stock 275 By Trust F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired through the Company's Dividend Reinvestment Plan.
F2 1 for 1 conversion ratio
F3 Derivative security is exercisable upon retirement under terms of the agreement.
F4 Derivative security expires upon retirement under terms of the agreement.