Terrance P. Maxwell - 18 May 2021 Form 4 Insider Report for INVESTORS REAL ESTATE TRUST (CSR)

Role
Director
Signature
Anne Olson Attorney in Fact for Terrance P. Maxwell
Issuer symbol
CSR
Transactions as of
18 May 2021
Net transactions value
$0
Form type
4
Filing time
20 May 2021, 18:46:14 UTC
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 +17% $0.000000 7,095 18 May 2021 Direct

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 Options Exercise $0 -1,056 -100% $0.000000* 0 18 May 2021 Restricted Stock Units 1,056 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Terrance P. Maxwell is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contigent right to receive one share of CSR common stock.
F2 The 5/18/2020 grant to Mr. Maxwell fully vested on 5/18/2021 in connection with his departure from the Board of Trustees.