SEC Form 4 · accession 0001209191-16-136288
Forestar Group Inc. · FOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard M Smith
Director
Period of report
Aug 9, 2016
Accepted (ET)
Aug 10, 2016 · 2:17 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 | Aug 9, 2016 | A | 1,726 | $0.00 | A | 69,943 | 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,F3 | $20.99 | holding | — | — | — | Nov 3, 2007 | Nov 3, 2016 | Common Stock | 6,666 | 6,666 | D |
| Option (right to buy)F4 | $28.85 | holding | — | — | — | Feb 12, 2009 | Feb 12, 2018 | Common Stock | 20,000 | 20,000 | D |
| Restricted Share UnitsF5 | — | holding | — | — | — | — | — | Common Stock | — | 28,621 | D |
Explanation of responses
- F1Restricted share units accrued under a Company plan to be settled following Reporting Person's retirement.
- F2Vesting Schedule for Options - Exercise price of $20.99: Options Exercisable 11/03/2007 - 2,666; Options Exercisable 11/03/2008 - 2,666; Options Exercisable 11/03/2009 - 1,333.
- F3Shares acquired in a pro rata distribution by Temple-Inland Inc. through a spin-off effective December 28, 2007.
- F4Vesting schedule for Options granted 02/12/2008 - Exercise price is $28.85: Options Exerciserable 02/12/2009 - 6,500; Options Exerciserable 02/12/2010 - 6,500; and Options Exerciserable 02/12/2011 - 7,000.
- F5Restricted 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.