FIRST INTERSTATE BANCSYSTEM INC — Director's Dealing 2022

Mar 30, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST INTERSTATE BANCSYSTEM INC (FIBK)
CIK: 0000860413
Period of Report: 2022-03-25

Reporting Person: Scott Jonathan R (Director, 10% Owner)
Reporting Person: Harper Grace Scott Trust (10% Owner)
Reporting Person: Harrison William Scott Trust (10% Owner)
Reporting Person: Holland Elizabeth Scott Trust (10% Owner)
Reporting Person: Jonathan Scott as Trustee of the Jonathan R Scott Trust Dated as of 4/21/04 (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-25	Class A Common Stock	C	767559	—	Acquired	1064998	Indirect
2022-03-25	Class A Common Stock	C	265	—	Acquired	14425	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-25	Class B Common Stock	$0.0	C	767559	Disposed		Class A Common Stock (767559.0)	Indirect
2022-03-25	Class B Common Stock	$0.0	C	265	Disposed		Class A Common Stock (265.0)	Direct

Footnotes

F1: Pursuant to the Issuer's amended and restated articles of incorporation, as amended, because the aggregate number of shares of Class B common stock constituted less than twenty percent (20%) of the aggregate number of shares of the Issuer's issued and outstanding common stock as of March 25, 2022, the record date of the Issuer's 2022 annual meeting of shareholders, each outstanding share of Class B common stock was automatically converted into one share of Class A common stock.

F2: Composed of 94,863 shares held of record by Holland Elizabeth Scott Trust, 94,683 shares held of record by Harper Grace Scott Trust, 94,863 shares held of record by Harrison William Scott Trust, 520,731 shares held of record by Jonathan Scott as Trustee of the Jonathan R Scott Trust Dated as of 4/21/04, 209,678 shares held of record by IXL Limited Liability Company, and 50,000 shares held of record by Jonathan Scott's spouse.

F3: As a result of certain agreements entered into by and among the reporting persons, the Issuer, and certain other stockholders of the Issuer, the reporting persons may be deemed members of a group with the other signatories thereto and may be deemed to share beneficial ownership of the securities reported herein. Each of the reporting persons disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein. The reporting persons expect to file future Forms 4 and 5, if any, together with Jonathan R. Scott with the indication of direct or indirect ownership in Tables I and II being made from Jonathan R. Scott's perspective. The nature of beneficial ownership is described in detail by footnote for all reporting persons.

F4: Composed of 520,731 shares held of record by Jonathan Scott as Trustee of the Jonathan R Scott Trust Dated as of 4/21/04, 196,828 shares held of record by IXL Limited Liability Company, and 50,000 shares held of record by Jonathan Scott's spouse.