SEC Form 4 · accession 0001209191-15-011996
Forestar Group Inc. · FOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth M Jastrow II
Director
Period of report
Feb 10, 2015
Accepted (ET)
Feb 11, 2015 · 4:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001406587
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 10, 2015 | A | 6,036 | $0.00 | A | 270,160 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F3,F4 | $27.06 | holding | — | — | — | Feb 3, 2007 | Feb 3, 2016 | Common Stock | 34,166 | 34,166 | D |
| Option (right to buy)F5 | $28.85 | holding | — | — | — | Feb 12, 2009 | Feb 12, 2018 | Common Stock | 20,000 | 20,000 | D |
| Restricted Share UnitsF6 | — | holding | — | — | — | — | — | Common Stock | — | 16,858 | D |
Explanation of responses
- F1Restricted stock units accrued under a Company Plan to be settled following Reporting Person's retirement.
- F2In accordance with the Rights Agreement adopted by the Company on December 11, 2007, Preferred Stock Purchase Rights are deemed to be attached to the shares of Common Stock.
- F3Shares acquired in a pro rata distribution by Temple-Inland Inc. through a spin-off effective December 28, 2007.
- F4Options Vesting Schedule - Exercise price $27.06: Options Exercisable 02/03/2007 - 8,541; Options Exercisable 01/01/2008 - 25,625.
- F5Options Vesting Schedule for Options Granted 02/12/2008 - Exercise price $28.85: Options Exercisable 02/12/2009 - 6,500; Options Exercisable 02/12/2010 - 6,500; Options Exercisable 02/12/2011 - 7,000.
- F6Restricted share units accrued under a Company plan to be settled in cash following Reporting Person's retirement. Restricted share units are vested on the date of grant and have the economic equivalent of one share of common stock.