SEC Form 4 · accession 0001209191-16-119077
Forestar Group Inc. · FOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Powers Jr.
Director
Period of report
May 10, 2016
Accepted (ET)
May 11, 2016 · 3:30 pm EDT
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 | May 10, 2016 | A | 1,629 | $0.00 | A | 67,728 | 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)F2 | $28.85 | holding | — | — | — | Feb 12, 2009 | Feb 12, 2018 | Common Stock | 20,000 | 20,000 | D |
| Restricted Share UnitsF3 | — | holding | — | — | — | — | — | Common Stock | — | 34,279 | D |
Explanation of responses
- F1Restricted share units accrued under a Company plan to be settled following Reporting Person's retirement.
- F2Vesting schedule for Options granted 02/12/2008 - Exercise price is $28.85: Options Exercisable 02/12/2009 - 6,500; Options Exercisable 02/12/2010 - 6,500; and Options Exercisable 02/12/2011 - 7,000.
- F3Restricted 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.