Smestad Jennifer O. 4

4 · Otter Tail Corp · Filed Feb 8, 2024

Form 4

Period: 2024-02-06

VP, General Council & Corp Sec

Transactions

Exercise/Conversion
Restricted Stock Units
2024-02-06−400→ 400 total
From: 2022-02-06→ Common Stock (400 underlying)
Exercise/Conversion
Restricted Stock Units
2024-02-06−325→ 975 total
From: 2024-02-06→ Common Stock (975 underlying)
Exercise/Conversion
Common Stock
2024-02-06$93.33/sh+1,300$121,329→ 16,994 total
Award
Common Stock
2024-02-06$93.33/sh+8,400$783,972→ 19,849 total
Tax Payment
Common Stock
2024-02-06$93.33/sh−694$64,771→ 16,300 total
Tax Payment
Common Stock
2024-02-06$93.33/sh−4,155$387,786→ 15,694 total
Exercise/Conversion
Restricted Stock Units
2024-02-06−300→ 0 total
From: 2021-02-06→ Common Stock (0 underlying)
Exercise/Conversion
Restricted Stock Units
2024-02-06−275→ 550 total
From: 2023-02-06→ Common Stock (550 underlying)
Award
Restricted Stock Units
2024-02-06+1,000→ 1,000 total
From: 2025-02-06→ Common Stock (1,000 underlying)

Holdings

Footnotes (5)

[F1]Represents shares received upon the vesting of certain performance criteria in connection with a Performance Share Award (granted in 2021).
[F2]These shares were withheld by the Corporation to pay taxes due upon vesting of this award, exempt pursuant to Rule 16b-3(e).
[F3]Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation stock.
[F4]Total direct holdings include shares held jointly with spouse and shares acquired through the Employee Stock Purchase Plan, the Dividend Reinvestment Plan, and shares acquired pursuant to Restricted Stock Awards and Performance Share Awards.
[F5]The restricted stock units vest in four equal annual installments beginning the date shown above.

Documents

4 files