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Form 4 FIRST INTERSTATE BANCSYS For: Aug 05 Filed by: Holland Elizabeth Scott Trust

August 8, 2022 7:09 PM EDT
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Scott Jonathan R

(Last) (First) (Middle)
PO BOX 7113

(Street)
BILLINGS MT 59103

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIRST INTERSTATE BANCSYSTEM INC [ FIBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 08/05/2022   S (1)   5,000 D $ 40.66 6,001 D  
Class A Common Stock 08/05/2022   S (1)   23,715 D $ 40.54 (2) 1,041,283 (3) I See Footnote (3) (4)
Class A Common Stock 08/05/2022   S (1)   23,715 D $ 40.54 (2) 1,017,568 (3) I See Footnote (3) (4)
Class A Common Stock 08/05/2022   S (1)   23,715 D $ 40.54 (2) 993,853 (3) I See Footnote (3) (4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The transaction was made pursuant to the Insider's Rule 10b5-1 plan.
2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.01 to $40.87. The reporting person undertakes to provide to First Interstate BancSystem, Inc., any security holder of First Interstate BancSystem, Inc., or the staff of the Securities and Exchange Commission, upon, request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
3. 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, 209,678 shares held of record by IXL Limited Liability Company, 71,148 shares held of record by Holland Elizabeth Scott Trust, 71,148 shares held of record by Harper Grace Scott Trust, 71,148 shares held of record by Harrison William Scott Trust and 50,000 shares held of record by Jonathan Scott's spouse.
4. 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 and 5, if any, together with Jonathan R. Scott with the indication of direct or indirect ownership in Table I being made from Jonathan R. Scott's perspective. The nature of beneficial ownership is described in detail by footnote for all reporting persons.
JONATHAN R. SCOTT, By:** 08/08/2022
** Signature of Reporting Person Date
/s/ Kirk D. Jensen, Attorney-in-Fact for Reporting Person 08/08/2022
** Signature of Reporting Person Date
HARPER GRACE SCOTT TRUST, By: ** 08/08/2022
** Signature of Reporting Person Date
HARRISON WILLIAM SCOTT TRUST, By: ** 08/08/2022
** Signature of Reporting Person Date
HOLLAND ELIZABETH SCOTT TRUST, By: ** 08/08/2022
** Signature of Reporting Person Date
JONATHAN SCOTT AS TRUSTEE OF THE JONATHAN R SCOTT TRUST DATED AS OF 4/21/04, By:** 08/08/2022
** Signature of Reporting Person Date
IXL LIMITED LIABILITY COMPANY, By: ** 08/08/2022
** Signature of Reporting Person Date
**By: /s/ Timothy Leuthold, Attorney-in-Fact for Reporting Person 08/08/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


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