Filing Details

Accession Number:
0000066756-20-000025
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-17 11:36:53
Reporting Period:
2020-03-16
Accepted Time:
2020-03-17 11:36:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
66756 Allete Inc ALE Electric & Other Services Combined (4931) 410418150
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1464191 R Alan Hodnik 30 West Superior Street
Duluth MN 55802
Executive Chairman Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2020-03-16 6,000 $58.00 52,868 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 544 Indirect By RSOP Trust
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2019.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.42-61.51, 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.
  3. Includes 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 March 13, 2020.
  4. Includes shares acquired in exempt transactions pursuant to ALLETE's retirement savings and stock ownership plan (RSOP) based on RSOP plan information available as of March 13, 2020.