Abbott John S 4
4 · Otter Tail Corp · Filed Feb 8, 2024
Insider Transaction Report
Form 4
Otter Tail CorpOTTR
Abbott John S
Sr VP, Manufacturing Platform
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-02-06−575→ 575 totalFrom: 2022-02-06→ Common Stock (575 underlying) - Award
Common Stock
2024-02-06$93.33/sh+12,000$1,119,960→ 46,148 total - Exercise/Conversion
Common Stock
2024-02-06$93.33/sh+1,825$170,327→ 41,996 total - Tax Payment
Common Stock
2024-02-06$93.33/sh−857$79,984→ 41,139 total - Award
Restricted Stock Units
2024-02-06+1,400→ 1,400 totalFrom: 2025-02-06→ Common Stock (1,400 underlying) - Tax Payment
Common Stock
2024-02-06$93.33/sh−5,977$557,833→ 40,171 total - Exercise/Conversion
Restricted Stock Units
2024-02-06−400→ 0 totalFrom: 2021-02-06→ Common Stock (0 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-06−400→ 800 totalFrom: 2023-02-06→ Common Stock (800 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-06−450→ 1,350 totalFrom: 2024-02-06→ Common Stock (1,350 underlying)
Holdings
- 5,000(indirect: By Trust)
Common Stock
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 acquired individually pursuant to Restricted Stock Awards and Performance Shares Awards.
- [F5]The restricted stock units vest in four equal annual installments beginning the date shown above.