0001437749-20-009323.txt : 20200504 0001437749-20-009323.hdr.sgml : 20200504 20200504202942 ACCESSION NUMBER: 0001437749-20-009323 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200430 FILED AS OF DATE: 20200504 DATE AS OF CHANGE: 20200504 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: 20846548 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 2020-04-30 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 2019-05-01 4 M 0 811 0 A 22090 D Common Shares of Beneficial Interest 2020-04-30 4 M 0 878 0 A 22968 D Common Shares of Beneficial Interest 2020-05-01 4 M 0 812 0 A 23780 D Common Shares of Beneficial Interest 2020-04-30 4 F 0 372 62.63 D 23408 D Common Shares of Beneficial Interest 2020-05-01 4 F 0 344 59.73 D 23064 D Common Shares of Beneficial Interest 2020-05-01 4 F 0 232 59.73 D 22832 D Restricted Stock Units 2019-05-01 4 M 0 811 0 D Common Shares of Beneficial Interest 1623 812 D Restricted Stock Units 2020-04-30 4 M 0 878 0 D Common Shares of Beneficial Interest 1756 878 D Restricted Stock Units 2020-05-01 4 M 0 812 0 D Common Shares of Beneficial Interest 812 0 D Each restricted stock unit ("RSU") represents a contingent right to receive one share of IRET common stock. Shares withheld by Issuer to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units. Not an open market sale of securities. Shares withheld by issuer to satisfy the mandatory tax withholding requirement upon vesting of share award issued under the 2015 Incentive Plan. Not an open market sale of securities. On June 21, 2017, the reporting person was granted 2,435 RSUs (taking into effect a reverse 1-for-10 stock split which was effected on 12/27/2018), vesting in one-third increments on each of June 21, 2018, May 1, 2019, and May 1, 2020, as long as the reporting person is in the employ of the Issuer. Vested shares will be delivered to the reporting person no later than 30 days after vesting. On July 20, 2018, the reporting person was granted 2,634 RSUs (taking into effect a reverse 1-for-10 stock split which was effected on 12/27/2018), vesting in one-third increments 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 shares will be delivered to the reporting person no later than 30 days after vesting. /s/ Anne Olson, attorney in fact for Mark Okey Decker Jr. 2020-05-04