Nathan I. Partain - Apr 11, 2022 Form 4 Insider Report for Otter Tail Corp (OTTR)

Role
Director
Signature
/s/ Nathan I Partain by Ella Leapaldt, Attorney-in-Fact
Stock symbol
OTTR
Transactions as of
Apr 11, 2022
Transactions value $
$0
Form type
4
Date filed
4/13/2022, 10:06 AM
Previous filing
Mar 2, 2022
Next filing
May 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTTR Common Stock Award +2K +39.73% 7.03K Apr 11, 2022 Direct F1, F2, F3
transaction OTTR Common Stock Gift $0 +62.6K $0.00 62.6K Mar 10, 2022 by Trust F4
holding OTTR Common Stock 1.6K Apr 11, 2022 by IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Common Stock acquired under the 2014 Stock Incentive Plan, which is a grant of Restricted Stock. The shares granted on 4/11/2022 will vest in near-equal installments of one-third per year beginning April 8, 2023.
F2 This grant has a fair market value of $63.135.
F3 Total direct holdings include shares jointly held with spouse, shares held individually in the Dividend Reinvestment Plan and shares acquired individually pursuant to Restricted Stock Award distributions.
F4 These shares, previously reported under the Spousal Lifetime Access Trust were gifted to the Nathan I Partain Revocable Trust on the date shown.