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FIRST INTERSTATE BANCSYSTEM INC Director's Dealing 2014

Nov 10, 2014

31290_dirs_2014-11-10_a7fcb57f-09ab-410d-9656-f4b45382ac54.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: 2014-11-06

Reporting Person: GARDING ED (Pres. & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-11-06 Class A Common Stock M 18000 $13.87 Acquired 134094.555 Direct
2014-11-06 Class A Common Stock M 10489 $14.20 Acquired 144583.555 Direct
2014-11-06 Class A Common Stock S 28489 $28.9058 Disposed 116094.555 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-11-06 Stock Options $13.87 M 18000 Disposed 2015-02-03 Class B Common Stock (18000) Direct
2014-11-06 Stock Options $14.20 M 10489 Disposed 2021-02-14 Class A Common Stock (10489) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 19056 Indirect

Footnotes

F1: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.82 to $29.06. The reporting person undertakes to provide to First Interstate BancSystem, Inc., any security holder of First Interstate BancSystem, Inc., or the staff of the Securities and Exchange Commission, upon, request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

F2: Simultaneous with exercise of stock options, Reporting Person elected to immediately convert Class B commons shares received pursuant to option exercise to Class A common shares.