Michael E. LeBeau - Apr 8, 2024 Form 4 Insider Report for Otter Tail Corp (OTTR)

Role
Director
Signature
/s/ Michael E. LeBeau by James A. Versteeg, Attorney-in-Fact
Stock symbol
OTTR
Transactions as of
Apr 8, 2024
Transactions value $
$0
Form type
4
Date filed
4/9/2024, 02:21 PM
Previous filing
Apr 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTTR Common Stock Award +1.7K +38.64% 6.1K Apr 8, 2024 Direct F1, F2, F3
* 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 2023 Stock Incentive Plan, which is a grant of Restricted Stock. The shares granted on April 8, 2024 will vest in near-equal installments of one-third per year beginning April 8, 2025.
F2 This grant has a fair market value of $87.02.
F3 Total direct holdings include shares acquired individually pursuant to Restricted Stock Award distributions and shares received pursuant to Otter Tail Corporation's Compensation Plan for Outside Directors.