Otter Tail Corp 4
4 · Otter Tail Corp · Filed Jul 2, 2015
Insider Transaction Report
Form 4
Otter Tail CorpOTTR
MCINTYRE EDWARD J
Director
Transactions
- Tax Payment
Common Stock
2015-07-01$26.78/sh−6,515$174,472→ 61,875 total
Holdings
- 4,800
Restricted Stock Units(right to buy)
From: 2016-02-06Exp: 2016-02-06→ Common Stock (4,800 underlying)
Footnotes (3)
- [F1]Restricted stock acquired under the 1999-2014 Stock Incentive Plans. Mr. McIntyre retired as an Officer from the company effective July 1, 2015 and as a result his Restricted Stock vested immediately upon retirement. 6,515 shares of common stock were withheld by the Corporation to pay taxes due upon vesting of the shares, exempt pursuant to Rule 16b-3(e).
- [F2]Total direct holdings include shares acquired individually and shares acquired pursuant to Restricted Stock Awards and Performance Share Award distributions.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation common stock.