Jeffrey Caira - 09 Dec 2021 Form 4 Insider Report for CENTERSPACE (CSR)

Role
Director
Signature
John Kirchmann, Attorney in Fact for Jeffrey Caira
Issuer symbol
CSR
Transactions as of
09 Dec 2021
Net transactions value
$0
Form type
4
Filing time
13 Dec 2021, 14:19:25 UTC
Previous filing
28 May 2021
Next filing
19 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSR Common Shares of Beneficial Interest Options Exercise $0 +417 +2.5% $0.000000 17,179 09 Dec 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CSR Common Shares of Beneficial Interest Options Exercise $0 -417 -100% $0.000000* 0 09 Dec 2021 Common Shares of Beneficial Interest 417 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 9, 2021, Mr. Caira resigned as Chairman of the Board of Trustees. In connection with his resignation, Mr. Caira's grant received on May 26, 2021 for his service as Chairman was adjusted pro rata for time served. The vesting of 417 RSUs was accelerated, vesting as of the date of resignation, while the remaining 322 RSUs were forfeited, as of the such date.
F2 Each restricted stock unit represents a contingent right to receive one share of CSR common stock.