SEC Form 4 · accession 0001437749-19-004705
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
Mar 8, 2019
Accepted (ET)
Mar 12, 2019 · 5:33 pm 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 UnitF1,F2 | — | Mar 8, 2019 | A | 2,629 | A | Mar 8, 2020 | — | Common Shares of Beneficial Interest | 2,629 | 2,629 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of IRET common stock.
- F2The restricted stock units vest in cumulative annual increments of one-third on each anniversary of the date of grant beginning the date shown, as long as the reporting person is in the employ of the Issuer. Vested shares will be delivered to the reporting person no later than 30 days after vesting.