Frances Pallas Grieb - 01 Feb 2022 Form 4 Insider Report for FIRST INTERSTATE BANCSYSTEM INC (FIBK)

Role
Director
Signature
/s/ Kirk D. Jensen, Attorney-in-Fact for Reporting Person
Issuer symbol
FIBK
Transactions as of
01 Feb 2022
Net transactions value
+$33,301
Form type
4
Filing time
03 Feb 2022, 17:40:36 UTC
Previous filing
29 Nov 2021
Next filing
02 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIBK Class A Common Stock Award +16,592 16,592 01 Feb 2022 Direct F1, F2
transaction FIBK Class A Common Stock Award +4,212 4,212 01 Feb 2022 Trust F3
transaction FIBK Class A Common Stock Award $33,301 +867 +5.2% $38.41 17,459 01 Feb 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in exchange for 19,694 shares of Great Western Bancorp, Inc. ("GWB") common stock in connection with the merger of GWB into the issuer (the "Merger"). On the effective date of the Merger, the reporting person was entitled to receive approximately 0.8425 shares of issuer Class A common stock for each share of GWB common stock then owned or deferred.
F2 Pursuant to the reporting person's election to participate in a deferred compensation arrangement with GWB that was respected by the issuer in connection with the Merger, the delivery of 4,728 of these shares has been deferred over a period of four years, with one-fourth of such shares to be delivered on each of the next four annual anniversaries of the closing date of the Merger.
F3 Received in exchange for 5,000 shares of GWB common stock in connection with the Merger. On the effective date of the Merger, the reporting person was entitled to receive approximately 0.8425 shares of issuer Class A common stock for each share of GWB common stock then owned.

Remarks:

EXHIBIT LIST: EX-24 Grieb Executed POA, GRAPHIC Executed POA, GRAPHIC Executed POA