SEC Form 4 · accession 0000066756-18-000078
ALLETE INC · ALE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan R Hodnik
Officer — Chairman, President & CEO · Director
Period of report
Sep 13, 2018
Accepted (ET)
Sep 14, 2018 · 12:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000066756
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Sep 13, 2018 | S | 4,000 | $75.70 | D | 67,684 | D | |
| Common Stock | Aug 21, 2018 | G | 160 | $0.00 | D | 67,524 | D | |
| Common StockF4 | holding | — | — | — | 218 | I | By RSOP Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 14, 2018.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.28 to $75.87, inclusive. The reporting person undertakes to provide to ALLETE, any security holder of ALLETE, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range provided above.
- F3Includes shares acquired in exempt transactions under ALLETE's employee stock purchase plan, the dividend reinvestment feature of ALLETE's stock purchase and dividend reinvestment plan, and the dividend equivalent feature of restricted stock grants pursuant to ALLETE's executive long-term incentive compensation plan, all based on plan information available as of September 1, 2018.
- F4Includes shares acquired in exempt transactions pursuant to ALLETE's retirement savings and stock ownership plan (RSOP) and is based on RSOP plan information available as of September 1, 2018.