Smestad Jennifer O. 4
4 · Otter Tail Corp · Filed Feb 13, 2025
Insider Transaction Report
Form 4
Otter Tail CorpOTTR
Smestad Jennifer O.
VP, General Council & Corp Sec
Transactions
- Award
Restricted Stock Units
2025-02-11+1,200→ 1,200 totalFrom: 2026-02-06→ Common Stock (1,200 underlying) - Award
Common Stock
2025-02-12$79.61/sh+5,320$423,552→ 18,189 total - Tax Payment
Common Stock
2025-02-12$79.61/sh−2,633$209,626→ 15,556 total
Holdings
- 650
Restricted Stock Units
From: 2024-02-06→ Common Stock (650 underlying) - 488(indirect: By ESOP)
Common Stock
- 51(indirect: By Daughter)
Common Stock
- 750
Restricted Stock Units
From: 2025-02-06→ Common Stock (750 underlying) - 275
Restricted Stock Units
From: 2023-02-06→ Common Stock (275 underlying)
Footnotes (5)
- [F1]Represents shares received upon the vesting of certain performance criteria in connection with a Performance Share Award (granted in 2022).
- [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]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.
- [F4]Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation stock.
- [F5]The restricted stock units vest in four equal annual installments beginning the date shown above.