SEC Form 4 · accession 0001437749-17-016849
CENTERSPACE · CSR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Okey Decker Jr.
Officer — President, CEO and CIO · Director
Period of report
Jun 21, 2017
Accepted (ET)
Oct 5, 2017 · 8:49 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000798359
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jun 21, 2017 | A | 24,345 | A | Jun 21, 2017 | May 1, 2020 | Common Share of Beneficial Interest | 24,345 | 24,345 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one common share of beneficial interest of IRET common stock.
- F2The restricted stock units vest as to 8,115 shares on each of June 21, 2018, May 1, 2019 and May 1, 2020, as long as the reporting person remains in the continuous employ of the Issuer or an affiliate through each applicable vesting date. Vested shares will be delivered to the reporting person no later than 30 days after vesting.
Remarks
EXHIBIT 24: Power of Attorney Attached