SPIES GARY J 4
4 · Otter Tail Corp · Filed Apr 17, 2012
Insider Transaction Report
Form 4
Otter Tail CorpOTTR
SPIES GARY J
Director
Transactions
- Award
Common Stock
2012-04-16+3,000→ 34,557.755 total
Holdings
- 27,555.235
Phantom Stock Units (right to buy)
→ Common Stock (27,555.235 underlying)
Footnotes (7)
- [F1]Shares of Common Stock acquired under the Corporation's Stock Incentive Plan, which is a grant of Restricted Stock. The 3,000 shares granted 4/16/2012 vest 25% yearly commencing 4/8/2013.
- [F2]This grant has a FMV of $21.32.
- [F3]Total direct holdings include shares jointly held with spouse at Piper Jaffray, shares held by spouse at Dorn & Co and shares acquired individually through Dividend Reinvestment and pursuant to Restricted Stock Award distributions.
- [F4]1 -for -1
- [F5]There is no specific "Exercisable Date" on the Phantom Stock Award.
- [F6]There is no specific "Expiration Date" on this Phantom Stock Award.
- [F7]Phantom Stock Units acquired under the 1999 Stock Incentive Plan at fair market value as part of the Compensation Program for outside Directors.