3 1 cj0203.htm CHARLES W. JAMES - FEBRUARY 1, 2003 FORM 3

FORM 3

(Print or Type Responses)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section  16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company At of 1935 or Section 30(h) of the Investment Company Act of 1940


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1.     Name and Address of Reporting Person*

   James, Charles, W.

2.     Date of Event         Requiring Statement         (Month/Day/Year)

02/01/03

4.     Issuer Name and Ticker or Trading Symbol

    Investors Real Estate Trust (IRETS)

(Last)                            (First)                            (Middle)

   PO Box 560

3.     I.R.S. Identification         Number of                 Reporting Person, if
        an entity
(voluntary)

5. Relationship of Reporting Persons(s) to Issuer
(Check all applicable)

   _X _Director                               ____10% Owner
   ____Officer (give title below)         ____Other (Specify below)

Trustee

6.     If Amendment, Date of         Original (Month/Day/Year)

 

(Street)

   Excelsior, MN 55331

7.     Individual or Joint/Group         Filing (Check Applicable Line)
_X_Form filed by One Reporting Person
____Form filed by More than One Reporting             Person

(City)                               (State)                               (Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.     Title of Security
        (Instr. 4)

2.     Amount of Securities
        Beneficially Owned
        (Instr. 4)

3.  Ownership Form:     
    Direct (D) or Indirect   
     (I)  (Instr. 5)

4.     Nature of Indirect Beneficial Ownership
       (Instr. 5)

   Shares of Beneficial Interest

584,413

D

    Sole Owner

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reminder:  Report on a separate line for each class of securities beneficially owned directly or indirectly.
*  If the form is filed by more than one reporting person, see Instruction 5(b)(v).

 

Persons who respond to the collection of information contained in this form are not required to
respond unless the form displays a currently valid OMB control number.

(Over)
SEC 1473 (7-02)

 

2

 

1.     Title of Derivative Security
        (Instr. 4)

2.     Date Exer-
        cisable and
        Expiration
        Date
       
(Month/Day/Year)

3.     Title and Amount of Securities  
      Underlying Derivative Security
        (Instr. 4)

 

 

4.     Conver-
        sion or
       Exercise  
      Price of  
      Deri-  
     vative   
     Security

5.     Ownership
        Form of
        Derivative
        Security:
        Direct (D)         or Indirect
        (I)
        (Instr. 5)

6.     Nature of Indirect
        Beneficial Ownership
        (Instr. 5)

Date
Exer-
cisable

Expira-
tion
Date

Title

Amount
or
Number
of
Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Explanation of Responses:

  

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
        See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:      File three copies of this Form, one of which must be manually signed.  If space is insufficient,
                See Instruction 6 of procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

/S/ Thomas A. Wentz, Sr.                                   
**Signature of Reporting Person

February 4, 2003
Date