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

Role
Director
Signature
Anne Olson Attorney in Fact for Terrance P. Maxwell
Stock symbol
CSR
Transactions as of
May 18, 2021
Transactions value $
$0
Form type
4
Date filed
5/20/2021, 06:46 PM

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 +1.06K +17.49% $0.00 7.1K May 18, 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 -1.06K -100% $0.00* 0 May 18, 2021 Restricted Stock Units 1.06K 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.