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CENTERSPACE Director's Dealing 2016

Jun 24, 2016

32208_dirs_2016-06-24_a27588e3-5d8a-43aa-87b7-1e8484d4a8b7.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INVESTORS REAL ESTATE TRUST (IRET)
CIK: 0000798359
Period of Report: 2016-06-22

Reporting Person: CAIRA JEFFREY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-22	Common Shares of Beneficial Interest	A	6502	—	Acquired	21502	Direct
2016-06-22	Common Shares of Beneficial Interest	A	6502	—	Acquired	28004	Direct

Footnotes

F1: The share award was issued under the 2008 Incentive Award Plan in connection with his service on the Board of Trustees during fiscal year 2016, and is fully vested.

F2: The share award was issued under the 2015 Incentive Plan. Shares vest in full on April 30, 2017 if serving on the Board of Trustees on such date.