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CENTERSPACE Director's Dealing 2022

Jan 4, 2022

32208_dirs_2022-01-04_f9b045e0-7f47-47c1-ab95-d87f6bf2c87e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTERSPACE (CSR)
CIK: 0000798359
Period of Report: 2022-01-01

Reporting Person: Patel Bhairav (SVP, Finance)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-01-01 Restricted Stock Units $0.0 A 2028 Acquired Common Shares of Beneficial Interest (2028.0) Direct
2022-01-01 Stock Options (Right to Buy) $110.9 A 4332 Acquired 2022-01-01 Common Shares of Beneficial Interest (4332.0) Direct

Footnotes

F1: The reporting person received (i) 645 time-based units and (ii) 1,383 units granted as a signing bonus, all of which represent a contingent right to receive common shares of beneficial interest of Centerspace vesting over three years, in one-third increments on each anniversary of the grant date: January 1, 2023, 2024 and 2025.

F2: Represents the right to purchase 4,332 common shares of beneficial interest of Centerspace vesting over four years, in one-fourth increments on each anniversary of the grant date: January 1, 2023, 2024, 2025 and 2026.