SEC Form 4 · accession 0001209191-17-021815
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
Mar 16, 2017
Accepted (ET)
Mar 20, 2017 · 6:02 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 | Mar 16, 2017 | A | 1,687 | — | A | 3,736 | D | |
| Common Stock | Mar 16, 2017 | F | 551 | $13.00 | D | 3,185 | 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 | $18.70 | holding | — | — | — | Feb 12, 2014 | Feb 12, 2023 | Common Stock | 2,437 | 2,437 | D |
| Stock Appreciation RightF3 | $14.08 | holding | — | — | — | Feb 10, 2016 | Feb 10, 2025 | Common Stock | 4,211 | 4,211 | D |
Explanation of responses
- F1Represents vesting of 2014 Performance Stock Units
- F2Vesting 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.
- F3Vesting 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