0001437749-19-014490.txt : 20190723
0001437749-19-014490.hdr.sgml : 20190723
20190723182852
ACCESSION NUMBER: 0001437749-19-014490
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190720
FILED AS OF DATE: 20190723
DATE AS OF CHANGE: 20190723
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: 19968835
MAIL ADDRESS:
STREET 1: 10414 NEW ASCOT DRIVE
CITY: GREAT FALLS
STATE: VA
ZIP: 22066
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: INVESTORS REAL ESTATE TRUST
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: 1400 31ST AVENUE SW, SUITE 60
STREET 2: PO BOX 1988
CITY: MINOT
STATE: ND
ZIP: 58702-1988
BUSINESS PHONE: 701-837-4738
MAIL ADDRESS:
STREET 1: 1400 31ST AVENUE SW, SUITE 60
STREET 2: PO BOX 1988
CITY: MINOT
STATE: ND
ZIP: 58702-1988
4
1
rdgdoc.xml
FORM 4
X0306
4
2019-07-20
0000798359
INVESTORS REAL ESTATE TRUST
IRET
0001681625
Decker Mark Okey Jr
C/O INVESTORS REAL ESTATE TRUST
1400 31ST AVE. SW, SUITE 60
MINOT
ND
58702
1
1
President, CEO and CIO
Common Shares of Beneficial Interest
1400
I
By Spouse IRA
Common Shares of Beneficial Interest
20
I
Child 1
Common Shares of Beneficial Interest
20
I
Child 2
Common Shares of Beneficial Interest
20
I
Child 3
Common Shares of Beneficial Interest
20
I
Childe 4
Common Shares of Beneficial Interest
2019-07-20
4
M
0
878
0
A
21419
D
Common Shares of Beneficial Interest
2019-07-20
4
F
0
269
1
D
21150
D
Restricted Stock Units
2019-07-20
4
M
0
878
0
D
Common Shares of Beneficial Interest
2634
1756
D
Effective at the close of market on December 27, 2018, the Issuer effected a 1-for-10 reverse stock split of its issued and outstanding common shares of beneficial interest, resulting in a proportional decrease in the total common shares beneficially owned by the reporting person. All previously reported restricted stock unit and option grants, option exercise prices, and securities convertible into common stock were proportionally adjusted to reflect the reverse split. The reporting person will receive cash in lieu of fractional shares in the reverse stock split.
Each restricted stock unit represents a contingent right to receive one share of IRET common stock.
The restricted stock units vest in cumulative annual increments of one-third on each of July 20, 2019, April 30, 2020 and April 30, 2021, as long as the reporting person is in the employ of the Issuer. Vested shared will be delivered to the reporting person no later than 30 days after vesting.
Shares withheld for payment of taxes in connection with the vesting of restricted stock.
/s/ Anne Olson, attorney in fact for Mark Okey Decker Jr.
2019-07-23