CENTERSPACE — Director's Dealing 2016

Sep 19, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INVESTORS REAL ESTATE TRUST (IRET)
CIK: 0000798359
Period of Report: 2016-09-16

Reporting Person: MILLER JEFFREY L (Director, Chair of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-09-16	Common Shares of Beneficial Interest	P	200	$5.825	Acquired	288096.288	Direct
2016-09-16	Common Shares of Beneficial Interest	P	2986	$5.84	Acquired	291082.288	Direct
2016-09-16	Common Shares of Beneficial Interest	P	2814	$5.83	Acquired	293896.288	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares of Beneficial Interest	158357.478	Indirect
Common Shares of Beneficial Interest	85833	Indirect
Common Shares of Beneficial Interest	26972	Indirect

Footnotes

F1: Spouse.

F2: Family Partnership.