Filing Details

Accession Number:
0000066756-13-000041
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-04 16:39:19
Reporting Period:
2013-03-01
Filing Date:
2013-03-04
Accepted Time:
2013-03-04 16:39:19
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
1194737 A Mark Schober 30 West Superior Street
Duluth MN 55802
Sr. Vp & Cfo Allete No 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 Acquisiton 2013-03-01 3,579 $37.76 25,196 No 4 M Direct
Common Stock Acquisiton 2013-03-01 13,787 $39.10 38,983 No 4 M Direct
Common Stock Disposition 2013-03-01 17,366 $46.90 21,617 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Rt. to Buy) Disposition 2013-03-01 3,579 $0.00 3,579 $37.76
Common Stock Employee Stock Option (Rt. to Buy) Disposition 2013-03-01 13,787 $0.00 13,787 $39.10
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2014-02-02 No 4 M Direct
0 2018-02-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 15,070 Indirect By RSOP Trust
Common Stock 118 Indirect By child sharing Insider's household
Footnotes
  1. Includes shares acquired in exempt transactions under the dividend reinvestment feature of ALLETE's employee stock purchase plan, based on plan information available as of March 1, 2013.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.78 to $47.08, 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 retirement savings and stock ownership plan (RSOP), based on plan information available as of March 1, 2013.
  4. The option vested in three equal installments; one-third vested on February 2, 2005, one-third vested on February 2, 2006, and one-third vested on February 2, 2007.
  5. The option vested in three equal installments; one-third vested on February 1, 2009, one-third vested on February 1, 2010, and one-third vested on February 1, 2011.