X0306 5 2016-04-30 1 0 0 0000798359 INVESTORS REAL ESTATE TRUST IRET 0001472005 Greenberg Charles A 1400 31ST AVENUE SW, SUITE 60 MINOT ND 58701 0 1 0 0 Sr. VP Commercial Asset Mgt Common Shares of Beneficial Interest 2015-07-06 5 L 0 187.108 7.2151 A 55091.14 D Common Shares of Beneficial Interest 2015-10-02 5 L 0 203.931 7.7232 A 55295.071 D Common Shares of Beneficial Interest 2016-01-05 5 L 0 195.681 6.899 A 55490.752 D Common Shares of Beneficial Interest 2016-04-05 5 L 0 220.07 7.1568 A 55710.822 D Acquired as automatic recurring cash investment under IRET's Distribution Reinvestment and Share Purchase Plan (DRIP). /s/ Joy S. Newborg, Attorney-in-Fact 2016-05-03