HELGAAS MAYNARD D 4
4 · OTTER TAIL CORP · Filed Jan 27, 2004
Insider Transaction Report
Form 4
OTTER TAIL CORPOTTR
HELGAAS MAYNARD D
DirectorOther
Transactions
- Exercise/Conversion
Restricted Stock Unit
2004-01-23−1,118→ 0 totalFrom: 2004-01-23Exp: 2004-01-23→ Common Stock (1,118 underlying) - Exercise/Conversion
Common Stock
2004-01-23+1,118→ 1,368 total
Footnotes (3)
- [F1]There is not specific price on these shares as they were acquired from Restricted Stock Units, see Table II.
- [F2]There is no specific price on these Restricted Stock Units.
- [F3]These were Restricted Stock Units that were acquired under the 1999 Stock Incentive Plan at fair market value as part of the Compensation Program for outside directors. Upon his retirement from the Board, Mr. Helgaas elected to have these units distributed as Common Stock. See below for other holdings: 1. Indirect holding of 1,626.6293 shares held by IRA. 2. Direct holding of 109.3283 shares held in Dividend Reinvestment Plan. 3. Direct holding of 2,050 shares which is a grant of Restricted Stock. 4. 2,000 stock options with expiration date of 4/8/2011.