SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Waslaski Shane N

(Last)

(First)

(Middle)

215 S CASCADE ST

(Street)

FERGUS FALLS

56537-2801

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/11/2011

3. Issuer Name and Ticker or Trading Symbol
Otter Tail Corp [ OTTR ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Sr VP, Man & Infra Platform

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock⁽¹⁾	716.1311⁽²⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units	04/08/2012	04/08/2012	Common Stock	900	⁽³⁾	D
Restricted Stock Units	04/08/2013	04/08/2013	Common Stock	2,000	⁽³⁾	D
Restricted Stock Units	04/08/2014	04/08/2014	Common Stock	3,000	⁽³⁾	D
Restricted Stock Units	04/08/2015	04/08/2015	Common Stock	5,500⁽⁴⁾	⁽³⁾	D

Explanation of Responses:

1. Otter Tail Corporation's board of directors held a meeting following our Shareholder Annual Meeting, April 11, 2011 and elected Shane N Waslaski, Sr Vice President, Manufacturing & Infrastructure Platform as an executive officer.

2. Share total represents 290.1311 shares held jointly with his wife in the Employee Stock Purchase Plan, 30 shares held individually with Wells Fargo and 396 shares held individually with Merrill Lynch.

3. Each restricted stock unit represents a contingent right to receive one share of Common Stock. The reporting person receives one share of Common Stock for each restricted stock unit that vests.

4. Restricted Stock Units acquired under the Corporation's Stock Incentive Plan. The 5,500 units were granted 4/11/11 and vest 100% on 4/8/2015 based on continued employment and carry no voting rights or rights to dividends prior to vesting date. This grant has a FMV of $22.51.

Remarks:

	/s/ Shane N Waslaski by Debra J Lill, Attorney-in-Fact	04/12/2011
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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