SEC Form 4 · accession 0001209191-15-047000
FIRST INTERSTATE BANCSYSTEM INC · FIBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ed Garding
Officer — Pres. & CEO
Period of report
May 22, 2015
Accepted (ET)
May 27, 2015 · 12:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000860413
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | May 22, 2015 | M | 6,052 | $15.25 | A | 129,337 | D | |
| Class A Common StockF1 | May 22, 2015 | S | 6,052 | $27.2835 | D | 123,285 | D | |
| Class A Common Stock | holding | — | — | — | 19,056 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $15.25 | May 22, 2015 | M | 6,052 | D | May 15, 2009 | May 15, 2019 | Class B Common Stock | 6,052 | 6,052 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.22 to $27.38. The reporting person undertakes to provide to First Interstate BancSystem, Inc., any security holder of First Interstate BancSystem, Inc., or the staff of the Securities and Exchange Commission, upon, request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
- F2Simultaneous with exercise of stock options, an election was made to immediately convert Class B commons shares received to Class A common shares.