Otter Tail Corp 4
4 · Otter Tail Corp · Filed Feb 10, 2016
Insider Transaction Report
Form 4
Otter Tail CorpOTTR
KOECK GEORGE A
Corp Secretary & Gen Counsel
Transactions
- Exercise/Conversion
Common Stock
2016-02-06+625→ 10,871.903 total - Tax Payment
Common Stock
2016-02-06$28.40/sh−337$9,571→ 10,534.903 total - Award
Restricted Stock Units
2016-02-04+3,000→ 3,000 totalFrom: 2017-02-06→ Common Stock (3,000 underlying) - Exercise/Conversion
Restricted Stock Units
2016-02-06−625→ 1,875 totalFrom: 2016-02-06→ Common Stock (2,500 underlying)
Holdings
- 1,068.014(indirect: ESOP)
Common Stock
Footnotes (5)
- [F1]The restricted stock units vest in four equal installments beginning February 6, 2016.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation common stock.
- [F3]Total direct holdings include shares held in the Dividend Reinvestment Plan and shares acquired pursuant to Restricted Stock Awards and Performance Award distributions.
- [F4]These shares were withheld by the Corporation to pay taxes due upon vesting of this award, exempt pursuant to Rule 16b-3(e).
- [F5]The restricted stock units vest in four equal annual installments beginning February 6, 2017.