CENTERSPACE — Director's Dealing 2014

Jun 26, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INVESTORS REAL ESTATE TRUST (IRET)
CIK: 0000798359
Period of Report: 2014-06-25

Reporting Person: WENTZ THOMAS A JR (Director, EVP & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-25	Common Shares of Beneficial Interest	A	35092	—	Acquired	87600.068	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares of Beneficial Interest	220692.12	Indirect
Common Shares of Beneficial Interest	10364.942	Indirect

Footnotes

F1: Owned by a partnership of which Mr. Wentz is the general partner. Mr. Wentz disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in the partnership.