SEC Form 4 · accession 0001437749-18-001873
Otter Tail Corp · OTTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer O. Smestad
Officer — VP, Gen Coun & Corp Sec
Period of report
Feb 5, 2018
Accepted (ET)
Feb 7, 2018 · 12:03 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 | holding | — | — | — | 98 | D | ||
| Common Stock | holding | — | — | — | 2 | I | By daughter | |
| Common Stock | holding | — | — | — | 374 | I | By 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 5, 2018 | A | 1,200 | A | Feb 6, 2019 | — | Common Stock | 1,200 | 1,200 | D |
| Restricted Stock UnitsF2,F4 | — | holding | — | — | — | Apr 14, 2014 | — | Common Stock | 250 | 250 | D |
| Restricted Stock UnitsF2,F4 | — | holding | — | — | — | Apr 13, 2015 | — | Common Stock | 250 | 250 | D |
| Restricted Stock UnitsF2,F4 | — | holding | — | — | — | Apr 13, 2016 | — | Common Stock | 300 | 300 | D |
| Restricted Stock UnitsF2,F4 | — | holding | — | — | — | Apr 10, 2017 | — | Common Stock | 225 | 225 | D |
Explanation of responses
- F1Total direct holdings include shares held jointly with spouse and acquired through the dividend reinvestment plan and the Employee Stock Purchase Plan.
- F2Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation common stock.
- F3The restricted stock units vest in four equal annual installments beginning the date shown above.
- F4Restricted stock units vest four years from date shown above.