Martin Andrew 4
4 · INVESTORS REAL ESTATE TRUST · Filed Aug 1, 2018
Insider Transaction Report
Form 4
Martin Andrew
SVP, Residential Property Mgmt
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-06-25−5,602→ 0 totalFrom: 2018-06-21Exp: 2018-05-01→ Common Shares of Beneficial Interest (5,602 underlying) - Exercise/Conversion
Common Shares of Benefical Interest
2018-06-21+2,800→ 44,395.286 total - Tax Payment
Common Shares of Beneficial Interest
2018-06-25$5.91/sh−2,333$13,788→ 47,664.286 total - Exercise/Conversion
Restricted Stock Units
2018-06-21−2,800→ 5,602 totalFrom: 2018-06-21Exp: 2018-05-01→ Common Shares of Beneficial Interest (8,402 underlying) - Exercise/Conversion
Common Shares of Beneficial Interest
2018-06-25+5,602→ 49,997.286 total
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of IRET common stock.
- [F2]Upon filer's resignation on June 28, 2018, vesting accelerated on 2,023 outstanding time-based shares pursuant to a severance agreement between the filer and IRET.
- [F3]Upon filer's resignation, all vesting of restricted stock units was accelerated.