Jeffrey Caira - Dec 9, 2021 Form 4 Insider Report for CENTERSPACE (CSR)

Role
Director
Signature
John Kirchmann, Attorney in Fact for Jeffrey Caira
Stock symbol
CSR
Transactions as of
Dec 9, 2021
Transactions value $
$0
Form type
4
Date filed
12/13/2021, 02:19 PM
Previous filing
May 28, 2021
Next filing
May 19, 2022

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 +2.49% $0.00 17.2K Dec 9, 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% $0.00* 0 Dec 9, 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.