First Interstate director gets 2,247-share stock grant
Scott Jeremy reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Scott Jeremy reported acquisition or exercise transactions in this Form 4 filing.
FIRST INTERSTATE BANCSYSTEM INC director and ten percent owner Jeremy Scott reported an equity grant of 2,247 shares of Common Stock at a price of $0.00 per share. These shares are issuable upon vesting of restricted stock units under the 2023 Equity and Incentive Plan.
The restricted stock units vest on June 1, 2027, subject to Scott’s continuous service through the earlier of that vesting date or the company’s next annual shareholder meeting. After this grant, Scott holds 5,743 shares directly and 3,512,449 shares indirectly through affiliated entities.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,247 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Shares issuable upon vesting of restricted stock units granted to the reporting person pursuant to the Registrant's 2023 Equity and Incentive Plan. The restricted stock units vest on June 1, 2027, subject to the reporting person's provision of continuous service to the Registrant through the earlier of the applicable vesting date or the date of the Registrant's next annual shareholder meeting.
- F2. Composed of 3,416,108 shares held of record by NBar 5 Limited Partnership, 236,808 shares held of record by NBAR5 O Limited Partnership, 25,119 shares held of record by Jeremy Scott TTEE, Jeremy Scott Revocable Trust Dtd 6/25/15 ("Jeremy Scott Revocable Trust"), 68,942 shares held of record by Jeremy Scott Trustee, 2025 Grantor Retained Annuity Irrevocable Trust, and 3,380 shares held of record by Jeremy Scott's spouse.
- F3. As a result of certain agreements entered into by and among the reporting persons, the Issuer, and certain other stockholders of the Issuer, the reporting persons may be deemed members of a group with the other signatories thereto and may be deemed to share beneficial ownership of the securities reported herein. Each of the reporting persons disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein. The reporting persons expect to file future Forms 4 and 5, if any, together with Jeremy Scott with the indication of direct or indirect ownership in Tables I and II being made from Jeremy Scott's perspective unless expressly noted otherwise by footnote. The nature of beneficial ownership is described in detail by footnote for all reporting persons.
Key Figures
Key Terms
restricted stock units financial
2023 Equity and Incentive Plan financial
Grant, award, or other acquisition financial
ten percent owner financial
indirect ownership financial
FAQ
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What insider transaction did Jeremy Scott report for FIBK?
When do Jeremy Scott’s new restricted stock units in FIBK vest?
Was Jeremy Scott’s FIBK transaction an open-market buy or sell?
AI-generated analysis. How Rhea-AI works. Not financial advice.