KNUTSON PAUL L 4

4 · Otter Tail Corp · Filed Feb 8, 2024

Form 4

Period: 2024-02-06

VP, Human Resources

Transactions

Exercise/Conversion
Restricted Stock Units
2024-02-06−175→ 0 total
From: 2021-02-06→ Common Stock (0 underlying)
Exercise/Conversion
Restricted Stock Units
2024-02-06−250→ 250 total
From: 2022-02-06→ Common Stock (250 underlying)
Exercise/Conversion
Common Stock
2024-02-06$93.33/sh+800$74,664→ 24,675 total
Award
Restricted Stock Units
2024-02-06+600→ 600 total
From: 2025-02-06→ Common Stock (600 underlying)
Exercise/Conversion
Restricted Stock Units
2024-02-06−200→ 600 total
From: 2024-02-06→ Common Stock (600 underlying)
Exercise/Conversion
Restricted Stock Units
2024-02-06−175→ 350 total
From: 2023-02-06→ Common Stock (350 underlying)
Award
Common Stock
2024-02-06$93.33/sh+5,100$475,983→ 26,108 total
Tax Payment
Common Stock
2024-02-06$93.33/sh−2,233$208,406→ 23,875 total
Tax Payment
Common Stock
2024-02-06$93.33/sh−320$29,866→ 24,355 total

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 through dividend reinvestment, Employee Stock Purchase Plan, and 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