0001628280-21-011316.txt : 20210528 0001628280-21-011316.hdr.sgml : 20210528 20210528133947 ACCESSION NUMBER: 0001628280-21-011316 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210526 FILED AS OF DATE: 20210528 DATE AS OF CHANGE: 20210528 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: 21978969 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 wf-form4_162222357046868.xml FORM 4 X0306 4 2021-05-26 0 0000798359 INVESTORS REAL ESTATE TRUST CSR 0001681625 Decker Mark Okey Jr C/O INVESTORS REAL ESTATE TRUST 3100 10TH STREET SW MINOT ND 58701 1 1 0 0 President, CEO and CIO Common Shares of Beneficial Interest 2021-05-26 4 A 0 8534 0 A 37470 D Common Shares of Beneficial Interest 2021-05-26 4 F 0 3519 70.39 D 33951 D Common Shares of Beneficial Interest 1525 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 Child 4 On July 20, 2018, the reporting person was granted a performance share award based on the Company's total shareholder return ("TSR") compared to the MSCI U.S. REIT Index (the "Index") for the measurement period of May 1, 20218 through April 30, 2021. For the measurement period, the Company's TSR was at the 66th percentile of the Index, resulting in a payout at 162% of target, or 8,534 shares, being earned under the performance share award. Anne Olson, Attorney in Fact for Mark O. Decker, Jr. 2021-05-28