FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 08/30/2010 |
3. Issuer Name and Ticker or Trading Symbol
FIRST INTERSTATE BANCSYSTEM INC [ FIBK ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Class A Common Stock | 5,248 | I | By 401(k) Plan |
Class A Common Stock | 1,108 | I | By Spouse's 401(k) Plan |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Class B Common Stock | 03/05/2010(1) | 12/31/2029(1) | Class A Common Stock(1) | 10,260 | $0.00(1) | D | |
Class B Common Stock - Unvested(2) | 02/05/2010(2) | 12/31/2029(2) | Class B Common Stock | 444 | $0.00(2) | D | |
Stock Options(3) | 01/31/2002 | 02/01/2012 | Class B Common Stock | 4,000 | $10.5 | D | |
Stock Options(3) | 02/19/2002 | 03/16/2011 | Class B Common Stock | 4,400 | $10.5 | D | |
Stock Options(3) | 01/29/2003 | 01/29/2013 | Class B Common Stock | 4,000 | $11.25 | D | |
Stock Options(3) | 02/06/2004 | 02/06/2014 | Class B Common Stock | 4,000 | $12.37 | D | |
Stock Options(3) | 02/03/2005 | 02/03/2015 | Class B Common Stock | 4,000 | $13.87 | D | |
Stock Options(3) | 01/26/2006 | 01/26/2016 | Class B Common Stock | 3,600 | $17 | D | |
Stock Options(3) | 01/25/2007 | 01/25/2017 | Class B Common Stock | 3,600 | $20.62 | D | |
Stock Options(3) | 02/15/2008 | 02/15/2018 | Class B Common Stock | 3,200 | $20.87 | D | |
Stock Options(4) | 05/15/2010 | 05/15/2019 | Class B Common Stock | 2,080 | $15.25 | D | |
Stock Options(4) | 02/12/2011 | 02/12/2020 | Class B Common Stock | 1,080 | $15 | D |
Explanation of Responses: |
1. On March 5, 2010, the Company's shareholders approved proposals to recapitalize the Company's existing common stock. The recapitalization included, among other things, a redesignation of existing common stock as 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 stock is redeemable 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. |
2. Shares issued for no consideration pursuant to the Registrant's 2006 Equity Compensation Plan. Shares vest in three equal portions on the first, second and third anniversaries of the grant date. Unvested shares do not expire once vested. |
3. Stock options vest 25% on date of grant and 25% on each annual anniversay date of grant. |
4. Stock options vests in equal portions on first, second and third anniversary of grant date. |
Remarks: |
/s/ ROBERT M. CERKOVNIK | 09/07/2010 | |
** 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 5 (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. |