Anne Olson - 27 Jan 2022 Form 4 Insider Report for CENTERSPACE (CSR)

Role
COO, Gen Counsel and Secretary
Signature
Anne Olson
Issuer symbol
CSR
Transactions as of
27 Jan 2022
Net transactions value
-$315,362
Form type
4
Filing time
31 Jan 2022, 18:23:37 UTC
Previous filing
04 Jan 2022
Next filing
09 Mar 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 Award $0 +6,712 +65% $0.000000 17,054 27 Jan 2022 Direct F1
transaction CSR Common Shares of Beneficial Interest Tax liability $315,362 -3,543 -21% $89.01 13,511 27 Jan 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 8, 2019, the reporting person was granted a performance share award based on Centerspace's (the "Company") total shareholder return ("TSR") compared to the MSCI U.S. REIT Index for the measurement period beginning on January 1, 2019 and ending on December 31, 2021. For the measurement period, 200% of the target payout, or 6,712 shares, was awarded under the performance share award, less shares withheld for the payment of taxes.
F2 Represents shares held for the payment of taxes.
F3 The stock price reflects the fair market value of the Company's common shares of beneficial interest as of January 27, 2022.