MACFARLANE CHARLES S 4
4 · Otter Tail Corp · Filed Feb 8, 2024
Insider Transaction Report
Form 4
Otter Tail CorpOTTR
MACFARLANE CHARLES S
President & CEO
Transactions
- Tax Payment
Common Stock
2024-02-06$93.33/sh−4,475$417,652→ 185,428 total - Award
Common Stock
2024-02-06$93.33/sh+60,000$5,599,800→ 209,929 total - Tax Payment
Common Stock
2024-02-06$93.33/sh−29,576$2,760,328→ 180,353 total - Exercise/Conversion
Common Stock
2024-02-06$93.33/sh+9,550$891,302→ 189,903 total - Exercise/Conversion
Restricted Stock Units
2024-02-06−2,000→ 0 totalFrom: 2021-02-06→ Common Stock (0 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-06−2,500→ 7,500 totalFrom: 2024-02-06→ Common Stock (7,500 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-06−2,175→ 4,350 totalFrom: 2023-02-06→ Common Stock (4,350 underlying) - Award
Restricted Stock Units
2024-02-06+7,900→ 7,901 totalFrom: 2025-02-06→ Common Stock (7,900 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-06−2,875→ 2,875 totalFrom: 2022-02-06→ Common Stock (2,875 underlying)
Holdings
- 75,459(indirect: By Trust)
Common Stock
- 2,908(indirect: by ESOP)
Common Stock
- 32,118(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 through the Dividend Reinvestment Plan, the Employee Stock Purchase Plan and shares acquired pursuant to Stock Options, Restricted Stock Awards, Restricted Stock Units and Performance Share Awards.
- [F5]The restricted stock units vest in four equal annual installments beginning the date shown above.