Martin Andrew 4
4 · INVESTORS REAL ESTATE TRUST · Filed Oct 5, 2017
Insider Transaction Report
Form 4
Martin Andrew
SVP, Residential Property Mgmt
Transactions
- Award
Restricted Stock Unit
2017-06-21+8,402→ 8,402 totalFrom: 2018-06-21Exp: 2020-05-01→ Common Shares of Beneficial Interest (8,402 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one common share of beneficial interest of IRET common stock.
- [F2]The restricted stock units vest as to 2,800 shares on June 21, 2018 and 2,801 shares on each of May 1, 2019 and 2020, as long as the reporting person remains in the continuous employ of the Issuer or an affiliate through each applicable vesting date. Vested shares will be delivered to the reporting person no later than 30 days after vesting.