PAYNE TERRY W 4
4 · FIRST INTERSTATE BANCSYSTEM INC · Filed Aug 10, 2011
Insider Transaction Report
Form 4
PAYNE TERRY W
Director
Transactions
- Exercise/Conversion
Stock Options
2011-08-09$11.00/sh−2,984$32,824→ 0 totalExercise: $11.00From: 2002-07-24Exp: 2011-08-16→ Class B Common Stock (2,984 underlying) - Exercise/Conversion
Class B Common Stock
2011-08-09+2,984→ 142,984 totalExercise: $0.00From: 2010-03-05Exp: 2029-12-31→ Class A Common Stock (2,984 underlying)
Holdings
- 1,866
Class A Common Stock
Footnotes (1)
- [F1]On March 5, 2010, the Company recapitalized its existing common stock. The recapitalization included, among other things, a redesignation of existing common stock as Class B common stock, a four-for-one split of Class B common stock, and the creation of a new class of common stock designated as Class A common stock, which is listed on the NASDAQ stock market under the symbol "FIBK". The Class B common stock is convertible at any time into Class A common stock on a share for share basis at the descretion of the holder. The conversion feature of the Class B common stock does not expire. All stock and stock option awards made prior to the recapitalization are exercisable for shares of Class B common stock.