SEC Form 4 · accession 0001437749-17-001658
Otter Tail Corp · OTTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy J Rogelstad
Officer — Sr VP, Elect Plat, Pres OTP
Period of report
Feb 2, 2017
Accepted (ET)
Feb 3, 2017 · 7:36 pm EST
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 | Feb 2, 2017 | A | 8,572 | $0.00 | A | 13,741 | D | |
| Common StockF1 | Feb 2, 2017 | F | 4,489 | $37.65 | D | 9,252 | D | |
| Common Stock | holding | — | — | — | 2,352 | I | ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Feb 2, 2017 | A | 1,700 | A | Feb 6, 2018 | — | Common Shares | 1,700 | 2,500 | D |
Explanation of responses
- F1Total direct holdings include shares jointly held with spouse, shares acquired individually through the Employee Stock Purchase Plan and shares acquired pursuant to Restricted Stock Awards and Performance Award distributions.
- F2Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation stock.
- F3The restricted stock units vest in four equal annual installments beginning the date shown above.