FIRST INTERSTATE BANCSYSTEM INC — Director's Dealing 2012

Feb 21, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST INTERSTATE BANCSYSTEM INC (FIBK)
CIK: 0000860413
Period of Report: 2012-02-17

Reporting Person: Cerkovnik Robert M (Sr VP & Chief Credit Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-17	Class A Common Stock	A	933	$0.00	Acquired	12979	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-17	Stock Options	$14.37	A	3212	Acquired	2022-02-17	Class A Common Stock (3212)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	5248	Indirect
Class A Common Stock	1108	Indirect

Footnotes

F1: Shares issued for no consideration pursuant to the Registrant's 2006 Equity Compensation Plan. Includes 933 time-based shares that vest in three equal portions on the first, second and third annual anniversaries of February 17, 2012.

F2: Stock options issued for no consideration pursuant to the Registrant's 2006 Equity Compensation Plan. Stock options vest in three equal portions on the first, second and third annual anniversaries of February 17, 2012.