SEC Form 4 · accession 0001209191-15-029130
Otter Tail Corp · OTTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles S Macfarlane
Officer — President & COO
Period of report
Mar 23, 2015
Accepted (ET)
Mar 25, 2015 · 2:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001466593
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 23, 2015 | M | 3,000 | $24.93 | A | 90,326 | D | |
| Common Stock | holding | — | — | — | 2,161 | I | ESOP | |
| Common Stock | holding | — | — | — | 1,730 | I | By daughter | |
| Common Stock | holding | — | — | — | 1,730 | I | By son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (rights to buy)F2 | $24.93 | Mar 23, 2015 | M | 3,000 | D | Oct 11, 2005 | Apr 11, 2015 | Common Stock | 3,000 | 0 | D |
| Restricted Stock Units (right to buy)F3 | — | holding | — | — | — | Feb 6, 2016 | Feb 6, 2016 | Common Stock | 8,000 | 8,000 | D |
Explanation of responses
- F1Total 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 and Restricted Stock Unit distributions.
- F2Stock Options vest 100% six months from the date of the grant.
- F31 -for -1