SEC Form 4 · accession 0001209191-16-119079
Forestar Group Inc. · FOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel B. Silvers
Director
Period of report
May 10, 2016
Accepted (ET)
May 11, 2016 · 3:31 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 | 1,689 | $0.00 | A | 36,480 | D | |
| Common StockF2 | holding | — | — | — | 200 | I | By Children |
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 | $14.08 | Feb 10, 2015 | A | 20,000 | A | Feb 10, 2016 | Feb 10, 2025 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Restricted share units accrued under a Company plan to be settled following Reporting Person's retirement.
- F2200 shares of Common Stock are held in accounts for the benefit of Daniel B. Silvers' minor children (100 shares of Common Stock are held in each account).
- F3Vesting schedule for Options granted 02/10/2015 - Exercise price is $14.08: Options Exerciserable 02/10/2016 - 6,500; Options Exerciserable 02/10/2017 - 6,500; and Options Exerciserable 02/10/2018 - 7,000.