FIRST INTERSTATE BANCSYSTEM INC — Director's Dealing 2012

Nov 30, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST INTERSTATE BANCSYSTEM INC (FIBK)
CIK: 0000860413
Period of Report: 2012-11-30

Reporting Person: SCOTT THOMAS W (Director, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-30	Class B Common Stock	$0.00	G	200275	Disposed	2029-12-31	Class A Common Stock (200275)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	5000	Direct
Class A Common Stock	23076	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$0.00	2029-12-31	Class A Common Stock (2451064)	2451064	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: Represents separate gifts of limited liability company ownership to two individuals. Each gift represented a 45% interest in the limited liability company. The reporting person disclaims beneficial ownership of the Class B Common stock held by the limited liability company except to the extent of his pecuniary interest therein