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FIRST INTERSTATE BANCSYSTEM INC Director's Dealing 2013

May 2, 2013

31290_dirs_2013-05-02_98001bc4-8db0-4a20-bcfe-aeaeed5a4676.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: 2013-04-30

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

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-04-30 Stock Options $15.00 M 1080 Disposed 2020-02-12 Class B Common Stock (1080) Direct
2013-04-30 Stock Options $15.25 M 2080 Disposed 2019-05-15 Class B Common Stock (2080) Direct
2013-04-30 Stock Options $17.00 M 3600 Disposed 2016-01-26 Class B Common Stock (3600) Direct
2013-04-30 Stock Options $13.87 M 4000 Disposed 2015-02-03 Class B Common Stock (4000) Direct
2013-04-30 Stock Options $12.37 M 4000 Disposed 2014-02-06 Class B Common Stock (4000) Direct
2013-04-30 Class B Common Stock $0.00 M 14760 Acquired 2029-12-31 Class A Common Stock (14760) Direct
2013-04-30 Class B Common Stock $0.00 F 12233 Disposed 2029-12-31 Class A Common Stock (12233) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 14459 Direct
Class A Common Stock 5248 Indirect
Class A Common Stock 1108 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Class B Common Stock $0.00 2029-12-31 Class A Common Stock (1492) 1492 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 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: Includes 10,962 shares for payment of option exercise price and 1,271 shares for payment of taxes, valued at $19.53 per share.