MACFARLANE CHARLES S 4
4 · Otter Tail Corp · Filed Feb 13, 2025
Insider Transaction Report
Form 4
Otter Tail CorpOTTR
MACFARLANE CHARLES S
President & CEO
Transactions
- Award
Common Stock
2025-02-12$79.61/sh+41,440$3,299,246→ 241,930 total - Tax Payment
Common Stock
2025-02-12$79.61/sh−20,435$1,626,933→ 221,495 total - Award
Restricted Stock Units
2025-02-11+9,900→ 9,900 totalFrom: 2026-02-06→ Common Stock (9,900 underlying)
Holdings
- 2,974(indirect: by ESOP)
Common Stock
- 5,000
Restricted Stock Units
From: 2024-02-06→ Common Stock (5,000 underlying) - 75,459(indirect: By Trust)
Common Stock
- 2,175
Restricted Stock Units
From: 2023-02-06→ Common Stock (2,175 underlying) - 5,925
Restricted Stock Units
From: 2025-02-06→ Common Stock (5,925 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 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.
- [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.