Jonathan R. Scott - May 5, 2023 Form 4 Insider Report for FIRST INTERSTATE BANCSYSTEM INC (FIBK)

Signature
JONATHAN R. SCOTT, By: /s/ Kirk D. Jensen, Attorney-in-Fact for Reporting Person.
Stock symbol
FIBK
Transactions as of
May 5, 2023
Transactions value $
-$680,258
Form type
4
Date filed
5/9/2023, 06:52 PM
Previous filing
Mar 15, 2023
Next filing
May 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIBK Class A Common Stock Sale -$611K -26.3K -2.61% $23.27 981K May 5, 2023 See Footnote F1, F2, F3, F4
transaction FIBK Class A Common Stock Sale -$69.4K -3K -0.31% $23.14 978K May 8, 2023 See Footnote F3, F4, F5, F6
holding FIBK Class A Common Stock 6K May 5, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold by Harrison William Scott Trust (8,750), by Harper Grace Scott Trust (8750), and by Holland Elizabeth Scott Trust (8750).
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.91 to $23.53. The reporting person undertakes to provide to First Interstate BancSystem, Inc., any security holder of First Interstate BancSystem, Inc., or the staff of the Securities and Exchange Commission, upon, request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
F3 Composed of 519,381 shares held of record by Jonathan Scott as Trustee of the Jonathan R Scott Trust Dated as of 4/21/04, 209,678 shares held of record by IXL Limited Liability Company, 66,287 shares held of record by Holland Elizabeth Scott Trust, 66,287 shares held of record by Harper Grace Scott Trust, 66,287 shares held of record by Harrison William Scott Trust and 50,000 shares held of record by Jonathan Scott's spouse.
F4 As a result of certain agreements entered into by and among the reporting persons, the Issuer, and certain other stockholders of the Issuer, the reporting persons may be deemed members of a group with the other signatories thereto and may be deemed to share beneficial ownership of the securities reported herein. Each of the reporting persons disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein. The reporting persons expect to file future Forms 4 and 5, if any, together with Jonathan R. Scott with the indication of direct or indirect ownership in Table I and Table II being made from Jonathan R. Scott's perspective. The nature of beneficial ownership is described in detail by footnote for all reporting persons.
F5 Shares sold by Harrison William Scott Trust (1000), by Harper Grace Scott Trust (1000), and by Holland Elizabeth Scott Trust (1000).
F6 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.47 to $24.05. The reporting person undertakes to provide to First Interstate BancSystem, Inc., any security holder of First Interstate BancSystem, Inc., or the staff of the Securities and Exchange Commission, upon, request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

Remarks:

EXHIBIT LIST: EX-24 Jonathan Scott POA, GRAPHIC Jon Scott POA, GRAPHIC Jon Scott POA