Mark Okey Decker Jr. - 01 Jan 2023 Form 4 Insider Report for CENTERSPACE (CSR)

Role
President, CEO and CIO, Director
Signature
Anne Olson, Attorney in Fact for Mark O. Decker, Jr.
Issuer symbol
CSR
Transactions as of
01 Jan 2023
Net transactions value
+$1,129,808
Form type
4
Filing time
04 Jan 2023, 14:00:04 UTC
Previous filing
04 Oct 2022
Next filing
04 Jan 2023
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 +991 +2.3% $0.000000 43,831 01 Jan 2023 Direct
transaction CSR Common Shares of Beneficial Interest Options Exercise $0 +663 +1.5% $0.000000 44,494 01 Jan 2023 Direct
transaction CSR Common Shares of Beneficial Interest Tax liability $47,171 -804 -1.8% $58.67 43,690 01 Jan 2023 Direct F1
holding CSR Common Shares of Beneficial Interest 20 01 Jan 2023 Child 4
holding CSR Common Shares of Beneficial Interest 20 01 Jan 2023 Child 2
holding CSR Common Shares of Beneficial Interest 20 01 Jan 2023 Child 3
holding CSR Common Shares of Beneficial Interest 1,525 01 Jan 2023 By Spouse IRA
holding CSR Common Shares of Beneficial Interest 20 01 Jan 2023 Child 1

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 Restricted Stock Units Award $0 +5,369 $0.000000 5,369 01 Jan 2023 Common Shares of Beneficial Interest 5,369 $0.000000 Direct F2
transaction CSR Stock Options (Right to Buy) Award $1,176,979 +20,061 $58.67 20,061 01 Jan 2023 Common Shares of Beneficial Interest 20,061 $58.67 Direct F3
transaction CSR Restricted Stock Units Options Exercise $0 -991 -50% $0.000000 991 01 Jan 2023 Common Shares of Beneficial Interest 991 $0.000000 Direct
transaction CSR Restricted Stock Units Options Exercise $0 -663 -33% $0.000000 1,328 01 Jan 2023 Common Shares of Beneficial Interest 663 $0.000000 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for payment of taxes in connection with the vesting of restricted stock units.
F2 Represents a time-based contingent right to receive 5,369 common shares of beneficial interest of Centerspace vesting over three years in one-third increments on each anniversary of the grant date: January 1, 2024, 2025 and 2026.
F3 Represents the right to purchase 20,061 common shares of beneficial interest of Centerspace, vesting over four years in one-fourth increments on each anniversary of the grant date: January 1, 2024, 2025, 2026 and 2027.