President & CEO Riley Kevin P bought $347,718 worth of shares (11,232 units at $30.96), sold $217,613 worth of shares (7,300 units at $29.81), gifted 6,750 shares and received a gift of 1,750 shares, decreasing direct ownership by 16% to 75,762 units (SEC Form 4)
$FIBK
Major Banks
Finance
| 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). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
FIRST INTERSTATE BANCSYSTEM INC [ FIBK ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 07/31/2024 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 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 | ||||||
| Common Stock | 07/31/2024 | P | 6,820 | A | $31.62 | 113,825 | I | By IRA | ||
| Common Stock | 08/01/2024 | P | 3,830 | A | $29.94(1) | 117,655 | I | By IRA | ||
| Common Stock | 08/01/2024 | S | 7,300 | D | $29.81 | 82,512 | D | |||
| Common Stock | 08/01/2024 | G | 6,750 | D | $0 | 75,762 | D | |||
| Common Stock | 08/01/2024 | G | 250 | A | $0 | 1,350 | I | As Custodian under UTMA -1 | ||
| Common Stock | 08/01/2024 | G | 250 | A | $0 | 1,290 | I | As Custodian under UTMA -2 | ||
| Common Stock | 08/01/2024 | G | 250 | A | $0 | 1,290 | I | As Custodian under UTMA -3 | ||
| Common Stock | 08/01/2024 | G | 250 | A | $0 | 1,010 | I | As Custodian under UTMA - 4 | ||
| Common Stock | 08/01/2024 | G | 250 | A | $0 | 750 | I | As Custodian under UTMA - 5 | ||
| Common Stock | 08/01/2024 | G | 250 | A | $0 | 500 | I | As Custodian under UTMA - 6 | ||
| Common Stock | 08/01/2024 | G | 250 | A | $0 | 250 | I | As Custodian under UTMA - 7 | ||
| Common Stock | 08/01/2024 | P | 98 | A | $29.88 | 1,448 | I | As Custodian under UTMA -1 | ||
| Common Stock | 08/01/2024 | P | 146 | A | $29.9(2) | 1,436 | I | As Custodian under UTMA -2 | ||
| Common Stock | 08/01/2024 | P | 146 | A | $29.91 | 1,436 | I | As Custodian under UTMA -3 | ||
| Common Stock | 08/01/2024 | P | 108 | A | $29.88 | 1,118 | I | As Custodian under UTMA - 4 | ||
| Common Stock | 08/01/2024 | P | 61 | A | $29.93 | 811 | I | As Custodian under UTMA - 5 | ||
| Common Stock | 08/01/2024 | P | 23 | A | $29.85 | 523 | I | As Custodian under UTMA - 6 | ||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 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 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.91 to $29.94. 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. |
| 2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.88 to $29.90. 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. |
| Remarks: |
| The highest sales price for any of the reported disposition transactions was lower than the lowest purchase price for any of the reported acquisition transactions that are matchable under Section 16 of the Securities Exchange Act of 1934. Accordingly, there were determined to be no disgorgeable profits received by the reporting person in connection with the reported matchable transactions disclosed herein. |
| /s/ Kirk D. Jensen, as attorney in fact for reporting person | 08/02/2024 | |
| ** 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. | ||