SEC Form 4 · accession 0001437749-17-001661
Otter Tail Corp · OTTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George A Koeck
Officer — Sr. VP, Gen Coun & Corp Sec
Period of report
Feb 2, 2017
Accepted (ET)
Feb 3, 2017 · 7:37 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,F2 | Feb 2, 2017 | A | 12,572 | $0.00 | A | 23,489 | D | |
| Common StockF2 | Feb 2, 2017 | F | 5,724 | $37.65 | D | 17,765 | D | |
| Common Stock | holding | — | — | — | 1,109 | 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 UnitsF3,F4 | — | Feb 2, 2017 | A | 2,100 | A | Feb 6, 2018 | — | Common Stock | 2,100 | 2,100 | D |
Explanation of responses
- F1Represents shares received upon the vesting of certain performance criteria in connection with a Performance Share Award(granted in 2014).
- F2Total direct holding include shares acquired through the Dividend Reinvestment Plan, Restricted Stock Units & Performance Share Awards.
- F3Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation stock.
- F4The restricted stock units vest in four equal annual installments beginning the date shown above.