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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (3) | 02/05/2018 | A | 7,200 | 02/06/2019(4) | (4) | Common Stock | 7,200 | $ 0 | 7,200 | D | ||||
Restricuted Stock Units | (3) | 02/06/2016(5) | (5) | Common Stock | 4,000 | 4,000 | D | ||||||||
Restricted Stock | (3) | 02/06/2017(6) | (6) | Common Stock | 7,125 | 7,125 | D | ||||||||
Restricted Stock | (3) | 02/06/2018(7) | (7) | Common Stock | 6,900 | 6,900 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MACFARLANE CHARLES S 215 S CASCADE ST FERGUS FALLS, MN 56537-2801 |
President & CEO |
/s/ Charles S MacFarlane by Ella Leapaldt, Attorney-in-Fact | 02/07/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents shares received upon the vesting of certain performance criteria in connection with a Performance Shares Award(granted in 2015). |
(2) | Total 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, Restricted Stock Units and Performance Share Awards. |
(3) | Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation common stock. |
(4) | The restricted stock units vest in four equal annual installments beginning the date shown above. |
(5) | The restricted stock units vest in four equal installments which began February 6, 2016. |
(6) | The restricted stock units vest in four equal annual installments which began February 6, 2017. |
(7) | The restricted stock units vest in four equal annual installments which began February 6, 2018. |