SEC Form 4 · accession 0001209191-15-068751
FIRST INTERSTATE BANCSYSTEM INC · FIBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael G. Huston
Officer — Ex. VP & Chief Banking Officer
Period of report
Aug 28, 2015
Accepted (ET)
Sep 1, 2015 · 2:06 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 | Aug 28, 2015 | J | 804 | $0.00 | D | 8,636 | D | |
| Class A Common Stock | Aug 28, 2015 | J | 804 | $0.00 | A | 16,996 | I | By Trust |
| Class A Common Stock | Aug 31, 2015 | C | 1,776 | $0.00 | A | 1,776 | I | By IRA |
| Class A Common Stock | Aug 31, 2015 | M | 800 | $17.00 | A | 9,436 | D | |
| Class A Common StockF2 | Aug 31, 2015 | S | 800 | $26.5125 | D | 8,636 | D | |
| Class A Common Stock | holding | — | — | — | 4,972 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF3 | $0.00 | Aug 31, 2015 | C | 1,776 | D | Mar 5, 2010 | Dec 31, 2029 | Class A Common Stock | 1,776 | 0 | I |
| Stock OptionsF4 | $17.00 | Aug 31, 2015 | M | 800 | D | Jan 26, 2006 | Jan 26, 2016 | Class B Common Stock | 800 | 1,000 | D |
Explanation of responses
- F1Change in form of beneficial ownership from direct ownership to indirect ownership by trust.
- F2The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $26.51 to $26.53. 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, full information regarding number of shares purchased at each separate price within the range set forth in this Form 4.
- F3The Class B Common Stock is convertible at any time into Class A Common Stock on a share for share basis at the descretion of the holder. The conversion feature of the Class B common stock does not expire.
- F4Simultaneous with exercise of stock options, an election was made to immediately convert Class B commons shares received to Class A common shares.