<SEC-DOCUMENT>0000860413-22-000119.txt : 20220329
<SEC-HEADER>0000860413-22-000119.hdr.sgml : 20220329
<ACCEPTANCE-DATETIME>20220329192251
ACCESSION NUMBER:		0000860413-22-000119
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20220325
FILED AS OF DATE:		20220329
DATE AS OF CHANGE:		20220329

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			James R Scott Trust, James R Scott & First Interstate Wealth Management Co-TTEEs
		CENTRAL INDEX KEY:			0001908712
		STATE OF INCORPORATION:			MT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34653
		FILM NUMBER:		22782667

	BUSINESS ADDRESS:	
		STREET 1:		PO 30918
		CITY:			BILLINGS
		STATE:			MT
		ZIP:			591116
		BUSINESS PHONE:		406-255-5239

	MAIL ADDRESS:	
		STREET 1:		PO 30918
		CITY:			BILLINGS
		STATE:			MT
		ZIP:			591116

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SCOTT JAMES R
		CENTRAL INDEX KEY:			0001198533

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34653
		FILM NUMBER:		22782672

	MAIL ADDRESS:	
		STREET 1:		C/O FIRST INTERSTATE BANCSYSTEM INC
		STREET 2:		P O BOX 30918
		CITY:			BILLINGS
		STATE:			MT
		ZIP:			59116

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			J.S. Investments Limited Partnership
		CENTRAL INDEX KEY:			0001506291
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34653
		FILM NUMBER:		22782670

	BUSINESS ADDRESS:	
		STREET 1:		P.O. BOX 30918
		CITY:			BILLINGS
		STATE:			MT
		ZIP:			59116
		BUSINESS PHONE:		406-255-5319

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 30918
		CITY:			BILLINGS
		STATE:			MT
		ZIP:			59116

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			James R & Christine M Scott Foundation
		CENTRAL INDEX KEY:			0001909853
		STATE OF INCORPORATION:			MT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34653
		FILM NUMBER:		22782666

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 7113
		CITY:			BILLINGS
		STATE:			MT
		ZIP:			59103
		BUSINESS PHONE:		406-831-6855

	MAIL ADDRESS:	
		STREET 1:		PO BOX 7113
		CITY:			BILLINGS
		STATE:			MT
		ZIP:			59103

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Foundation for Community Vitality
		CENTRAL INDEX KEY:			0001908742
		STATE OF INCORPORATION:			MT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34653
		FILM NUMBER:		22782671

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 7113
		CITY:			BILLINGS
		STATE:			MT
		ZIP:			59103
		BUSINESS PHONE:		406-831-6855

	MAIL ADDRESS:	
		STREET 1:		PO BOX 7113
		CITY:			BILLINGS
		STATE:			MT
		ZIP:			59103

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			James F Heyneman Trust, James Scott & First Interstate Wealth Management Co-Trustees
		CENTRAL INDEX KEY:			0001908844
		STATE OF INCORPORATION:			MT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34653
		FILM NUMBER:		22782668

	BUSINESS ADDRESS:	
		STREET 1:		PO 30918
		CITY:			BILLINGS
		STATE:			MT
		ZIP:			59116
		BUSINESS PHONE:		406-255-5239

	MAIL ADDRESS:	
		STREET 1:		PO 30918
		CITY:			BILLINGS
		STATE:			MT
		ZIP:			59116

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			James F Heyneman Conservatorship, James Scott, Conservator
		CENTRAL INDEX KEY:			0001908854
		STATE OF INCORPORATION:			MT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34653
		FILM NUMBER:		22782669

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 7113
		CITY:			BILLINGS
		STATE:			MT
		ZIP:			59103
		BUSINESS PHONE:		406-831-6855

	MAIL ADDRESS:	
		STREET 1:		PO BOX 7113
		CITY:			BILLINGS
		STATE:			MT
		ZIP:			59103

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST INTERSTATE BANCSYSTEM INC
		CENTRAL INDEX KEY:			0000860413
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				810331430
		STATE OF INCORPORATION:			MT
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		P O BOX 30918
		STREET 2:		401 NO 31ST STREET
		CITY:			BILLINGS
		STATE:			MT
		ZIP:			59116-0918
		BUSINESS PHONE:		4062555300

	MAIL ADDRESS:	
		STREET 1:		P O BOX 30918
		STREET 2:		401 NO 31ST STREET
		CITY:			BILLINGS
		STATE:			MT
		ZIP:			59116-0918

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIRST INTERSTATE BANCSYSTEM OF MONTANA INC
		DATE OF NAME CHANGE:	19930615
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>wf-form4_164859614868660.xml
<DESCRIPTION>FORM 4
<TEXT>
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<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2022-03-25</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000860413</issuerCik>
        <issuerName>FIRST INTERSTATE BANCSYSTEM INC</issuerName>
        <issuerTradingSymbol>FIBK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001198533</rptOwnerCik>
            <rptOwnerName>SCOTT JAMES R</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>PO BOX 7113</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BILLINGS</rptOwnerCity>
            <rptOwnerState>MT</rptOwnerState>
            <rptOwnerZipCode>59103</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
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            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001908742</rptOwnerCik>
            <rptOwnerName>Foundation for Community Vitality</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>P.O. BOX 7113</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BILLINGS</rptOwnerCity>
            <rptOwnerState>MT</rptOwnerState>
            <rptOwnerZipCode>59103</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001506291</rptOwnerCik>
            <rptOwnerName>J.S. Investments Limited Partnership</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>P.O. BOX 30918</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BILLINGS</rptOwnerCity>
            <rptOwnerState>MT</rptOwnerState>
            <rptOwnerZipCode>59116</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001908854</rptOwnerCik>
            <rptOwnerName>James F Heyneman Conservatorship, James Scott, Conservator</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>P.O. BOX 7113</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BILLINGS</rptOwnerCity>
            <rptOwnerState>MT</rptOwnerState>
            <rptOwnerZipCode>59103</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001908844</rptOwnerCik>
            <rptOwnerName>James F Heyneman Trust, James Scott &amp; First Interstate Wealth Management Co-Trustees</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>P.O. BOX 30918</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BILLINGS</rptOwnerCity>
            <rptOwnerState>MT</rptOwnerState>
            <rptOwnerZipCode>59116</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001908712</rptOwnerCik>
            <rptOwnerName>James R Scott Trust, James R Scott &amp; First Interstate Wealth Management Co-TTEEs</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>P.O. BOX 7113</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BILLINGS</rptOwnerCity>
            <rptOwnerState>MT</rptOwnerState>
            <rptOwnerZipCode>59103</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001909853</rptOwnerCik>
            <rptOwnerName>James R &amp; Christine M Scott Foundation</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>P.O. BOX 7113</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BILLINGS</rptOwnerCity>
            <rptOwnerState>MT</rptOwnerState>
            <rptOwnerZipCode>59103</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2022-03-25</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>C</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>4355343</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4426760</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>see footnote</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>11075</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Class B Common Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.0</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2022-03-25</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>C</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>4355343</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>4355343.0</value>
                    <footnoteId id="F4"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>see footnote</value>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="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.</footnote>
        <footnote id="F2">Composed of 2,008,185 shares held of record by James R Scott Trust, James R Scott &amp; First Interstate Wealth Management Co-TTEEs, 35,240 shares held by record by James R and Christine M Scott Foundation, 1,901,036 shares held by record by JS Investments Limited Partnership, 73,002 shares held of record by James F Heyneman Conservatorship, James Scott, Conservator, 7,096 shares held of record by James F Heyneman Trust, James Scott &amp; First Interstate Wealth Management Co-Trustees, 17,764 shares held of record by James R Scott's 401k, and 340,571 shares held of record by Foundation for Community Vitality, and 43,866 shares held of record by James R. Scott's spouse.</footnote>
        <footnote id="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 James R. Scott with the indication of direct or indirect ownership in Tables I and II being made from James R. Scott's perspective. The nature of beneficial ownership is described in detail by footnote for all reporting persons.</footnote>
        <footnote id="F4">Composed of 1,972,462 shares held of record by James R Scott Trust, James R Scott &amp; First Interstate Wealth Management Co-TTEEs, 35,240 shares held of record by James R and Christine M Scott Foundation, 1,901,036 shares held of record by JS Investments Limited Partnership, 322,641 shares held of record by Foundation for Community Vitality, 73,002 shares held of record by James F Heyneman Conservatorship, James Scott, Conservator, 7,096 shares held of record by James F Heyneman Trust, James Scott &amp; First Interstate Wealth Management Co-Trustees, and 43,866 shares held of record by James R. Scott's spouse.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>JAMES R. SCOTT, by **</signatureName>
        <signatureDate>2022-03-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>FOUNDATION FOR COMMUNITY VITALITY, By:**</signatureName>
        <signatureDate>2022-03-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>JAMES F HEYNEMAN CONSERVATORSHIP, JAMES SCOTT, CONSERVATOR, By:**</signatureName>
        <signatureDate>2022-03-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>JAMES F HEYNEMAN TRUST, JAMES SCOTT &amp; FIRST INTERSTATE WEALTH MANAGEMENT CO-TRUSTEES, by:**</signatureName>
        <signatureDate>2022-03-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>JAMES R SCOTT TRUST, JAMES R SCOTT &amp; FIRST INTERSTATE WEALTH MANAGEMENT CO-TTEES, by **</signatureName>
        <signatureDate>2022-03-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>JAMES R AND CHRISTINE M SCOTT FOUNDATION, By:**</signatureName>
        <signatureDate>2022-03-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>JS INVESTMENTS LIMITED PARTNERSHIP, By:**</signatureName>
        <signatureDate>2022-03-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>**By:/s/ Tim Leuthold, Attorney-In-Fact</signatureName>
        <signatureDate>2022-03-29</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
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</SEC-DOCUMENT>
