0000798359-22-000003.txt : 20220104 0000798359-22-000003.hdr.sgml : 20220104 20220104175746 ACCESSION NUMBER: 0000798359-22-000003 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220101 FILED AS OF DATE: 20220104 DATE AS OF CHANGE: 20220104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Decker Mark Okey Jr CENTRAL INDEX KEY: 0001681625 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35624 FILM NUMBER: 22507990 MAIL ADDRESS: STREET 1: 10414 NEW ASCOT DRIVE CITY: GREAT FALLS STATE: VA ZIP: 22066 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CENTERSPACE CENTRAL INDEX KEY: 0000798359 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 450311232 STATE OF INCORPORATION: ND FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3100 10TH ST SW STREET 2: PO BOX 1988 CITY: MINOT STATE: ND ZIP: 58702-1988 BUSINESS PHONE: 701-837-4738 MAIL ADDRESS: STREET 1: 3100 10TH ST SW STREET 2: PO BOX 1988 CITY: MINOT STATE: ND ZIP: 58702-1988 FORMER COMPANY: FORMER CONFORMED NAME: INVESTORS REAL ESTATE TRUST DATE OF NAME CHANGE: 19920703 4 1 wf-form4_164133703583103.xml FORM 4 X0306 4 2022-01-01 0 0000798359 CENTERSPACE CSR 0001681625 Decker Mark Okey Jr C/O CENTERSPACE 3100 10TH STREET SW MINOT ND 58701 1 1 0 0 President, CEO and CIO Common Shares of Beneficial Interest 2022-01-01 4 M 0 991 0 A 37555.78 D Common Shares of Beneficial Interest 2022-01-01 4 F 0 356 110.90 D 37199.78 D Common Shares of Beneficial Interest 20 I Child 4 Common Shares of Beneficial Interest 20 I Child 2 Common Shares of Beneficial Interest 20 I Child 3 Common Shares of Beneficial Interest 1525 I By Spouse IRA Common Shares of Beneficial Interest 20 I Child 1 Restricted Stock Units 0.0 2022-01-01 4 A 0 1991 0 A Common Shares of Beneficial Interest 1991.0 1991 D Restricted Stock Units 0.0 2022-01-01 4 M 0 991 0 D 2022-01-01 2022-01-01 Common Shares of Beneficial Interest 991.0 1982 D Stock Options (Right to Buy) 110.9 2022-01-01 4 A 0 13366 110.90 A 2032-01-01 Common Shares of Beneficial Interest 13366.0 13366 D The number of shares includes 88.119 shares acquired in 2021 under the Company's dividend reinvestment plan (the "DRIP"). It also include additional shares that were not previously reported due to administrative errors. The majority of these shares are time-vested RSUs that were appropriately reported as derivates on the reporting person's Forms 4 at the time of grant, but not recategorized as shares of common stock at the time of vesting. It also includes shares acquired in years prior to 2021 under the DRIP. Represents shares withheld for payment of taxes in connection with the vesting of restricted stock. Represents a time-based contingent right to receive 1,991 common shares of beneficial interest of Centerspace vesting over three years, in one-third increments on each anniversary of the grant date: January 1, 2023, 2024 and 2025. Represents the right to purchase 13,366 common shares of beneficial interest of Centerspace, vesting over four years in one-fourth increments on each anniversary of the grant date: January 1, 2023, 2024, 2025 and 2026. Anne Olson, Attorney in Fact for Mark O. Decker, Jr. 2022-01-04