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FIRST INTERSTATE BANCSYSTEM INC Director's Dealing 2014

Nov 17, 2014

31290_dirs_2014-11-17_f4feb7c0-5af9-4c4a-b4d1-978a2d61ad04.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: 2014-11-14

Reporting Person: GARDING ED (Pres. & CEO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-11-14 Stock Options $17.00 M 18000 Disposed 2016-01-26 Class B Common Stock (18000) Direct
2014-11-14 Stock Options $20.62 M 18000 Disposed 2017-01-25 Class B Common Stock (18000) Direct
2014-11-14 Stock Options $20.87 M 18000 Disposed 2018-02-15 Class B Common Stock (18000) Direct
2014-11-14 Class B Common Stock $0.00 M 54000 Acquired 2029-12-31 Class A Common Stock (54000) Direct
2014-11-14 Class B Common Stock $0.00 F 43004 Disposed 2029-12-31 Class A Common Stock (43004) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 116094.55 Direct
Class A Common Stock 19056 Indirect

Footnotes

F1: 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.

F2: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $17.00 to $20.87. 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, full information regarding number of shares purchased at each separate price within the range set forth in this Form 4.

F3: Includes 36,019 shares tendered for payment of option exercise price and 6,985 shares tendered for payment of withholding taxes, valued at $29.23 per share.