Kevin G. Moug - 31 Dec 2023 Form 4 Insider Report for Otter Tail Corp (OTTR)

Reporting relationship: CFO & Sr VP
Issuer ticker: OTTR
Reported as of: 31 Dec 2023
Net transaction value: +$1,662,862
SEC form: 4
Accepted by SEC: 02 Jan 2024, 16:43:52 UTC
Prior SEC filing: 09 Feb 2023
Source filing: View source filing
Reporting owner signature: /s/ Kevin G. Moug by James A. Versteeg, Attorney-in-Fact

Key filing fact

Kevin G. Moug filed Form 4 for Otter Tail Corp (OTTR) on 02 Jan 2024.

Key facts

This page summarizes Kevin G. Moug's Form 4 filing for Otter Tail Corp (OTTR).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 02 Jan 2024, 16:43.

Change

Previous filing in this sequence was filed on 09 Feb 2023.
Current net transaction value: +$1,662,862.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OTTR transaction

Common Stock

Award

Transaction value: $1,176,795
Shares: +13,800
Change %: +14%
Price: $85.28
Shares after: 113,701
Date: 31 Dec 2023
Ownership: Direct
Footnotes: F1

OTTR transaction

Common Stock

Options Exercise

Transaction value: $486,068
Shares: +5,700
Change %: +5%
Price: $85.28
Shares after: 119,401
Date: 31 Dec 2023
Ownership: Direct
Footnotes: F2, F3

OTTR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 368
Date: 31 Dec 2023
Ownership: By ESOP

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Kevin G. Moug is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Represents shares beneficially owned by the reporting person upon the vesting of Performance Share Awards that were granted in 2022 and 2023. Payout of these shares will be deferred until June 30, 2024 due to IRS section 409A restrictions and may be subject to tax withholding at payout.

Footnote F2

Represents shares beneficially owned by the reporting person upon the vesting of Restricted Stock Units that were previously reported. Payout of these shares will be deferred until June 30, 2024 due to IRS section 409A restrictions and may be subject to tax withholding at payout.

Footnote F3

Total direct holdings include shares jointly held with spouse, shares acquired individually through the Employee Stock Purchase Plan, and shares acquired pursuant to Restricted Stock Awards, Restricted Stock Units, and Performance Share Awards.