Risa K. Scott - Mar 25, 2022 Form 4 Insider Report for FIRST INTERSTATE BANCSYSTEM INC (FIBK)

Role
10%+ Owner
Signature
Risa K. Scott, By: **
Stock symbol
FIBK
Transactions as of
Mar 25, 2022
Transactions value $
$0
Form type
4
Date filed
3/29/2022, 05:14 PM
Previous filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIBK Class A Common Stock Conversion of derivative security +487K +572361.18% 487K Mar 25, 2022 see footnote F1, F2, F3

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 FIBK Class B Common Stock Conversion of derivative security $0 -487K -100% $0.00* 0 Mar 25, 2022 Class A Common Stock 487K $0.00 see footnote F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Issuer's articles of incorporation, because the aggregate number of shares of Class B Common Stock constituted less than twenty percent (20%) of the aggregate number of shares of the Issuer's issued and outstanding common stock as of March 25, 2022, the record date of the Issuer's annual meeting of shareholders, each outstanding share of Class B Common Stock was automatically converted into one share of Class A Common Stock..
F2 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 Risa K. Scott.
F3 Composed of 400,756 shares held of record by Risa K Scott TTEE Risa K Scott Trust Dtd 12/4/15, and 85,836 shares held of record by Risa K. Scott & John Heyneman Jr., TTEEs FBO Risa K Scott Exemption Trust Under the Scott Family 1996 Trust.