Bhairav Patel - Jan 1, 2024 Form 4 Insider Report for CENTERSPACE (CSR)

Role: EVP and CFO
Signature: Anne Olson, Attorney in Fact for Bhairav Patel
Stock symbol: CSR
Transactions as of: Jan 1, 2024
Transactions value $: -$29,216
Form type: 4
Date filed: 1/3/2024, 06:40 PM
Previous filing: Apr 4, 2023

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	+676	+160.95%	$0.00	1.1K	Jan 1, 2024	Direct
transaction	CSR	Common Shares of Beneficial Interest	Options Exercise	$0	+594	+54.2%	$0.00	1.69K	Jan 1, 2024	Direct
transaction	CSR	Common Shares of Beneficial Interest	Tax liability	-$29.2K	-502	-29.7%	$58.20	1.19K	Jan 1, 2024	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	Restricted Stock Units	Options Exercise	$0	-676	-50%	$0.00	676	Jan 1, 2024	Common Shares of Beneficial Interest	676	$0.00	Direct
transaction	CSR	Restricted Stock Units	Options Exercise	$0	-594	-33.31%	$0.00	1.19K	Jan 1, 2024	Common Shares of Beneficial Interest	594	$0.00	Direct
transaction	CSR	Restricted Stock Units	Award	$0	+3.53K		$0.00	3.53K	Jan 1, 2024	Common Shares of Beneficial Interest	3.53K	$0.00	Direct	F2

* 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 3,525 common shares of beneficial interest of Centerspace vesting over three years in one-third increments on each anniversary of the grant date: January 1, 2025, 2026 and 2027.