Form 4 for CSR CENTERSPACE
Accepted 2022-01-04 00:00:00 ET · period of report 2022-01-01 · accession 0000798359-22-000003 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-01-04 | 2022-01-01 | CSR | Decker Mark Okey Jr | Pres, CEO, CIO, Dir | M - OptEx | $0.00 | +991 | 37.6K | +3% | $0 |
| D | 2022-01-04 | 2022-01-01 | CSR | Decker Mark Okey Jr | Pres, CEO, CIO, Dir | F - Tax | $110.90 | -356 | 37.2K | -0.9% | -$39.5K |
| DM | 2022-01-04 | 2022-01-01 | CSR | Decker Mark Okey Jr | Pres, CEO, CIO, Dir | A - Grant | $96.52 | +15.4K | 1,991 | New | +$1.48M |
| D | 2022-01-04 | 2022-01-01 | CSR | Decker Mark Okey Jr | Pres, CEO, CIO, Dir | M - OptEx | $0.00 | -991 | 1,982 | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares of Beneficial Interest | 2022-01-01 | M | A | 991 | $0.00 | 37,555.78 | D | — | — | (F1) The number of shares includes 88.119 shares acquired in 2021 under the Company's dividend reinvestment plan (the "DRIP"). It also include additional shares that were not previously reported due to administrative errors. The majority of these shares are time-vested RSUs that were appropriately reported as derivates on the reporting person's Forms 4 at the time of grant, but not recategorized as shares of common stock at the time of vesting. It also includes shares acquired in years prior to 2021 under the DRIP. |
| 2 | Common | Common Shares of Beneficial Interest | 2022-01-01 | F | D | 356 | $110.90 | 37,199.78 | D | — | — | (F2) Represents shares withheld for payment of taxes in connection with the vesting of restricted stock. (F1) The number of shares includes 88.119 shares acquired in 2021 under the Company's dividend reinvestment plan (the "DRIP"). It also include additional shares that were not previously reported due to administrative errors. The majority of these shares are time-vested RSUs that were appropriately reported as derivates on the reporting person's Forms 4 at the time of grant, but not recategorized as shares of common stock at the time of vesting. It also includes shares acquired in years prior to 2021 under the DRIP. |
| 3 | Derivative | Stock Options (Right to Buy) | 2022-01-01 | A | A | 13,366 | $110.90 | 13,366 | D | $110.90 · — to 2032-01-01 | 13,366 Common Shares of Beneficial Interest | (F4) Represents the right to purchase 13,366 common shares of beneficial interest of Centerspace, vesting over four years in one-fourth increments on each anniversary of the grant date: January 1, 2023, 2024, 2025 and 2026. |
| 4 | Derivative | Restricted Stock Units | 2022-01-01 | M | D | 991 | $0.00 | 1,982 | D | $0.00 · 2022-01-01 to 2022-01-01 | 991 Common Shares of Beneficial Interest | |
| 5 | Derivative | Restricted Stock Units | 2022-01-01 | A | A | 1,991 | $0.00 | 1,991 | D | $0.00 · — to — | 1,991 Common Shares of Beneficial Interest | (F3) Represents a time-based contingent right to receive 1,991 common shares of beneficial interest of Centerspace vesting over three years, in one-third increments on each anniversary of the grant date: January 1, 2023, 2024 and 2025. |