Anne Olson - May 26, 2021 Form 4 Insider Report for INVESTORS REAL ESTATE TRUST (CSR)

Signature
Anne Olson
Stock symbol
CSR
Transactions as of
May 26, 2021
Transactions value $
-$254,953
Form type
4
Date filed
5/28/2021, 01:21 PM
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSR Common Shares of Beneficial Interest Award $0 +6.92K +117.51% $0.00 12.8K May 26, 2021 Direct F1
transaction CSR Common Shares of Beneficial Interest Tax liability -$255K -3.62K -28.28% $70.39 9.19K May 26, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 20, 2018, the reporting person was granted a performance share award based on the Company's total shareholder return ("TSR") compared to the MSCI U.S. REIT Index (the "Index") for the measurement period of May 1, 20218 and April 30, 2021. For the measurement period, the Company's TSR was at the 66th percentile of the Index, resulting in a payout at 162% of target, or 6,919 shares, being earned under the performance share award.