Michael T. Dance - 18 May 2021 Form 4 Insider Report for INVESTORS REAL ESTATE TRUST (CSR)

Role: Director
Signature: Anne Olson, Attorney in Fact for Michael T. Dance
Issuer symbol: CSR
Transactions as of: 18 May 2021
Net transactions value: $0
Form type: 4
Filing time: 20 May 2021, 18:45:36 UTC
Next filing: 06 May 2022
SEC: View on sec.gov

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	+1,056	+25%	$0.000000	5,308	19 May 2021	Direct
holding	CSR	Common Shares of Beneficial Interest						3,500	18 May 2021	Dance Family Living Trust

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	Common Shares of Beneficial Interest	Award	$0	+887		$0.000000	887	18 May 2021	Common Shares of Beneficial Interest	887		Direct	F1
transaction	CSR	Common Shares of Beneficial Interest	Options Exercise	$0	-1,056	-100%	$0.000000^*	0	19 May 2021	Common Shares of Beneficial Interest	1,056		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of CSR common stock.