Waslaski Shane N 4
4 · Otter Tail Corp · Filed Apr 10, 2012
Insider Transaction Report
Form 4
Otter Tail CorpOTTR
Waslaski Shane N
Sr VP, Man & Infra Platform
Transactions
- Exercise/Conversion
Common Stock
2012-04-08+900→ 1,713.814 total - Tax Payment
Common Stock
2012-04-08$21.79/sh−295$6,428→ 1,418.814 total - Exercise/Conversion
Restricted Stock Units (right to buy)
2012-04-08−900→ 0 totalFrom: 2012-04-08Exp: 2012-04-08→ Common Stock (900 underlying)
Holdings
- 2,000
Restricted Stock Units
From: 2013-04-08Exp: 2013-04-08→ Common Stock (2,000 underlying) - 5,500
Restricted Stock Units
From: 2015-04-08Exp: 2015-04-08→ Common Stock (5,500 underlying) - 3,000
Restricted Stock Units
From: 2014-04-08Exp: 2014-04-08→ Common Stock (3,000 underlying)
Footnotes (5)
- [F1]The reporting person receives one share of Common Stock for each restricted stock unit that vests.
- [F2]In accordance with the issuer's equity award program, restricted stock units were forfeited to issuer in satisfaction of tax withholding obligation upon vesting of 900 restricted stock units on April 8, 2012. The issuer returned such forfeited restricted stock units to the respective stock plan.
- [F3]Total direct holdings include shares held in the Employee Stock Purchase Plan and shares acquired pursuant to Restricted Stock Unit distributions.
- [F4]Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- [F5]1 -for -1