Mark O. Decker Jr - Jan 27, 2022 Form 4 Insider Report for CENTERSPACE (CSR)

Role
President, CEO and CIO, Director
Signature
Anne Olson, Attorney in Fact for Mark O. Decker, Jr.
Stock symbol
CSR
Transactions as of
Jan 27, 2022
Transactions value $
-$535,306
Form type
4
Date filed
1/31/2022, 06:25 PM
Previous filing
Jan 5, 2022
Next filing
Mar 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSR Common Shares of Beneficial Interest Award $0 +10.5K +28.26% $0.00 47.7K Jan 27, 2022 Direct F1
transaction CSR Common Shares of Beneficial Interest Tax liability -$535K -6.01K -12.6% $89.01 41.7K Jan 27, 2022 Direct F2, F3
holding CSR Common Shares of Beneficial Interest 20 Jan 27, 2022 Child 4
holding CSR Common Shares of Beneficial Interest 20 Jan 27, 2022 Child 2
holding CSR Common Shares of Beneficial Interest 20 Jan 27, 2022 Child 3
holding CSR Common Shares of Beneficial Interest 1.53K Jan 27, 2022 By Spouse IRA
holding CSR Common Shares of Beneficial Interest 20 Jan 27, 2022 Child 1
* 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, the Company's TSR was at the 92nd percentile of the Index, resulting in a payout at 200% of the target, or 10,514 shares, which vested on January 27, 2021.
F2 Represents shares withheld 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.