Form 4 for FIBK FIRST INTERSTATE BANCSYSTEM INC
Accepted 2022-03-10 00:00:00 ET · period of report 2022-03-02 · accession 0000860413-22-000079 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-03-10 | 2022-03-02 | FIBK | Harper Grace Scott Trust | 10% | C - Cnv Deriv | $0.00 | +27.5K | 312.1K | +10% | $0 |
| D | 2022-03-10 | 2022-03-08 | FIBK | Harper Grace Scott Trust | 10% | S - Sale | $39.00 | -5,000 | 19.2K | -21% | -$195.0K |
| DI | 2022-03-10 | 2022-03-10 | FIBK | Harper Grace Scott Trust | 10% | S - Sale | $38.90 | -12.8K | 299.2K | -4% | -$499.9K |
| DI | 2022-03-10 | 2022-03-02 | FIBK | Harper Grace Scott Trust | 10% | C - Cnv Deriv | $0.00 | -25.7K | 767.6K | -3% | $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 | Class A Common Stock | 2022-03-02 | C | A | 27,500 | $0.00 | 312,089 | I See Footnote | — | — | (F1) The Class B Common Stock is convertible at any time into Class A Common Stock on a share for share basis at the discretion of the holder. The conversion feature of the Class B Common Stock does not expire. (F2) Composed of 94,863 shares held of record by Holland Elizabeth Scott Trust, 94,683 shares held of record by Harper Grace Scott Trust, 94,863 shares held of record by Harrison William Scott Trust, and 27,500 shares held of record by IXL Limited Liability Company. (F3) 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, if any, together with Jonathan R. Scott with the indication of direct or indirect ownership in Tables I and II being made from Jonathan R. Scott's perspective. The nature of beneficial ownership is described in detail by footnote for all reporting persons. |
| 2 | Common | Class A Common Stock | 2022-03-08 | S | D | 5,000 | $39.00 | 19,160 | D See Footnote | — | — | (F4) Includes 143 shares previously reported as indirectly owned by trust. (F3) 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, if any, together with Jonathan R. Scott with the indication of direct or indirect ownership in Tables I and II being made from Jonathan R. Scott's perspective. The nature of beneficial ownership is described in detail by footnote for all reporting persons. (F6) Composed of 94,863 shares held of record by Holland Elizabeth Scott Trust, 94,683 shares held of record by Harper Grace Scott Trust, 94,863 shares held of record by Harrison William Scott Trust, and 14,650 shares held of record by IXL Limited Liability Company. |
| 3 | Common | Class A Common Stock | 2022-03-10 | S | D | 12,850 | $38.90 | 299,239 | I | — | — | (F5) The price reported in Column 4 is a weighted average price of the shares disposed of by IXL, Limited Liability Company. These shares were sold in multiple transactions at prices ranging from $38.85 to $38.94, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
| 4 | Derivative | Class B Common Stock | 2022-03-02 | C | D | 25,700 | $0.00 | 767,559 | I see footnote | $0.00 · — to — | 25,700 Class A Common Stock | (F7) Conversion effected by IXL, Limited Liability Company. (F3) 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, if any, together with Jonathan R. Scott with the indication of direct or indirect ownership in Tables I and II being made from Jonathan R. Scott's perspective. The nature of beneficial ownership is described in detail by footnote for all reporting persons. (F8) Composed of 520,731 shares held of record by Jonathan Scott as Trustee of the Jonathan R Scott Trust Dated as of 4/21/04, 196,828 shares held of record by IXL Limited Liability Company and 50,000 shares held of record by Jonathan Scott's spouse. (F1) The Class B Common Stock is convertible at any time into Class A Common Stock on a share for share basis at the discretion of the holder. The conversion feature of the Class B Common Stock does not expire. |