FIRST INTERSTATE BANCSYSTEM INC — Director's Dealing 2012

Nov 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST INTERSTATE BANCSYSTEM INC (FIBK)
CIK: 0000860413
Period of Report: 2012-11-21

Reporting Person: SCOTT DAN S (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-21	Class B Common Stock	$0.00	G	40916	Disposed	2029-12-31	Class A Common Stock (40916)	Indirect
2012-11-21	Class B Common Stock	$0.00	G	41000	Acquired	2029-12-31	Class A Common Stock (41000)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$0.00	2029-12-31	Class A Common Stock (2712)	2712	Direct

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 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 discretion of the holder. The conversion feature of the Class B common stock does not expire.

F2: Change in form of indirect beneficial ownership from indirect ownership by trust to indirect ownership by partnership.

F3: Includes 40,916 Class B common shares previously held indirectly by trust.

F4: Disclaims beneficial ownership except to the extend of Mr. Scott's pecuniary interest in the partnership.