NELSON KENNETH L 4
4 · OTTER TAIL CORP · Filed Jan 2, 2004
Insider Transaction Report
Form 4
OTTER TAIL CORPOTTR
NELSON KENNETH L
Director
Transactions
- Award
Common Stock
2003-12-31$27.16/sh+331$8,988→ 11,883 total
Footnotes (1)
- [F1]These shares of Common Stock were acquired under the 1999 Stock Incentive Plan at fair market value as part of the Compensation Program for Outside Directors: 6,431 shares of this total are held in "street name" through Merrill Lynch. 2,050 shares of this total are a grant of Restricted Stock. 250 shares of this total are shares that no longer carry the restriction. See below for other holdings: 1. Direct holding of 665.9243 shares of Common Stock held in the Dividend Reinvestment Plan. 2. 2,000 stock options with expiration date of 4/9/2010. 3. 2,000 stock options with expiration date of 4/8/2011.