OTTER TAIL CORP 4
4 · OTTER TAIL CORP · Filed Aug 17, 2005
Insider Transaction Report
Form 4
OTTER TAIL CORPOTTR
SPOLUM ROBERT N
Director
Transactions
- Exercise/Conversion
Stock Options (right to buy)
2005-08-15$19.75/sh−2,000$39,500→ 0 totalExercise: $19.75Exp: 2010-04-09→ Common Stock (2,000 underlying) - Exercise/Conversion
Common Stock
2005-08-15$19.75/sh+2,000$39,500→ 2,000 total - Sale
Common Stock
2005-08-15$28.50/sh−2,000$57,000→ 0 total
Footnotes (2)
- [F1]See below for other holdings: 1. Direct holding of 400 shares held in "street name" with Merrill Lynch. 2. Direct holding of 18,487.4205 shares held in the Dividend Reinvestment Plan. 3. Direct holding of 3,100 shares which is a grant of restricted stock. 4. 2,000 stock options with expiration date of 4/8/2011.
- [F2]The options became exercisable in four equal annual installments on the anniversaries of the date of grant, beginning April 10, 2001.