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FIRST INTERSTATE BANCSYSTEM INC Director's Dealing 2012

May 7, 2012

31290_dirs_2012-05-07_20842da0-7591-49fe-a533-ba51431ee26e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST INTERSTATE BANCSYSTEM INC (FIBK)
CIK: 0000860413
Period of Report: 2012-05-03

Reporting Person: HEYNEMAN JOHN M JR (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-05-03 Class A Common Stock C 14800 $0.00 Acquired 14800 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-05-03 Class B Common Stock $0.00 C 14800 Disposed 2029-12-31 Class A Common Stock (14800) Indirect

Footnotes

F1: On March 5, 2010, the Company recapitalized its existing common stock. The recapitalization included, among other things, a redesignation of existing common stock as Class B common stock, a four-for-one split of Class B common stock, and the creation of a new class of common stock designated as Class A common stock, which is listed on the NASDAQ stock market under the symbol "FIBK". The Class B common stock is convertible at any time into Class A common stock on a share for share basis at the descretion of the holder. The conversion feature of the Class B common stock does not expire. All stock and stock option awards made prior to the recapitalization are exercisable for shares of Class B common stock.