SEC Form 4 · accession 0001209191-16-099043
Forestar Group Inc. · FOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sabita C. Reddy
Officer — Vice President - Accounting
Period of report
Feb 12, 2016
Accepted (ET)
Feb 17, 2016 · 10:48 am 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 Stock | Feb 12, 2016 | F | 437 | $8.60 | A | 2,482 | 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)F1,F2 | $30.56 | holding | — | — | — | — | Feb 2, 2017 | Common Stock | 1,708 | 1,708 | D |
| Option (right to buy)F3 | $18.70 | holding | — | — | — | Feb 12, 2014 | Feb 12, 2023 | Common Stock | 2,437 | 2,437 | D |
| Stock Appreciation RightF4 | $14.08 | holding | — | — | — | Feb 10, 2016 | Feb 10, 2025 | Common Stock | 4,211 | 4,211 | D |
| Restricted Share UnitsF5 | — | holding | — | — | — | — | — | Common Stock | 329 | 329 | D |
Explanation of responses
- F1Shares acquired in a pro rata distribution by Temple-Inland Inc. through a spin-off effective December 28, 2007.
- F2Options are fully vested and exercisable as of the date of this report.
- F3Vesting schedule for Options granted 02/12/2013 - Exercise price is $18.70: Options Exercisable 02/12/2014 - 609; Options Exercisable 02/12/2015 - 609; Options Exercisable 02/12/2016 - 609; and Options Exercisable 02/12/2017 - 610.
- F4Vesting schedule for Stock Appreciation Rights (SARs) granted 02/10/2015 - Exercise price is $14.08: SARs Exercisable 02/10/2016 - 1,052; SARs Exercisable 02/10/2017 - 1,053; SARs Exercisable 02/10/2018 - 1,053; and SARs Exercisable 02/10/2019 - 1,053. SARs will be settled for cash
- F5Restricted share units granted on 02/11/2014 will vest as follows: 330 on 02/11/2015; 329 on 02/11/2016; 329 on 02/11/2017. Restricted share units will be settled for cash based on the fair market value on vesting date.