James R. Scott - Jun 1, 2023 Form 4 Insider Report for FIRST INTERSTATE BANCSYSTEM INC (FIBK)

Signature
JAMES R. SCOTT, by /s/ Kirk D. Jensen, Attorney-in-Fact for Reporting Person
Stock symbol
FIBK
Transactions as of
Jun 1, 2023
Transactions value $
$0
Form type
4
Date filed
6/5/2023, 05:05 PM
Previous filing
Dec 7, 2022
Next filing
Dec 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIBK Class A Common Stock Award $0 +5.67K +44.8% $0.00 18.3K Jun 1, 2023 Direct F1
holding FIBK Class A Common Stock 4.39M Jun 1, 2023 see footnote F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issuable upon vesting of restricted stock units granted to the reporting person pursuant to the Registrant's 2023 Equity and Incentive Plan. The restricted stock units vest on June 1, 2024, subject to the reporting persons provision of continuous service to the Registrant through the vesting date.
F2 Total Indirect Holdings in James R. Scott's 401(k) dropped by 1,447 shares due to a distribution mandated by the Internal Revenue Code.
F3 Composed of 1,970,956 shares held of record by James R Scott Trust, James R Scott & First Interstate Wealth Management Co-TTEEs, 16,317 shares held of record by James R Scott's 401k, 35,240 shares held of record by James R and Christine M Scott Foundation, 1,901,036 shares held of record by JS Investments Limited Partnership, 341,749 shares held of record by Foundation for Community Vitality, 73,002 shares held of record by James F Heyneman Conservatorship, James Scott, Conservator, 7,096 shares held of record by James F Heyneman Trust, James Scott & First Interstate Wealth Management Co-Trustees, and 43,277 shares held of record by James R. 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 James R. Scott with the indication of direct or indirect ownership in Tables I and II being made from James R. Scott's perspective unless expressly noted otherwise by footnote. The nature of beneficial ownership is described in detail by footnote for all reporting persons.