SEC Form 4 · accession 0000899243-16-015671
Forest City Realty Trust, Inc. · FCEA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Feb 17, 2016
Accepted (ET)
Mar 10, 2016 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001647509
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Feb 17, 2016 | A | 6,000 | $0.00 | A | 14,089 | D | |
| Class B Common ConvertibleF2 | holding | — | — | — | 187,327 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Performance Shares Award-granted 4/11/2012- performance period is from February 1, 2012 to December 31, 2015. Awards will be available to the grantee at the end of the performance period provided that certain performance criteria are met. The actual number of shares earned could range from 0 to 200% of the number of Performance Shares granted. Fair market value on date of grant is $14.74 per share. Shares vested and were approved by the Company's Compensation Committee on 2/17/2016, at 124.67% of the target shares resulting from the actual performance during the performance period.
- F2Stocks are convertible from Class B Common to Class A Common on 1-for-1 basis
Remarks
The reporting person is a party of the Ratner, Miller & Shafran Shareholders Agreement, dated 12/20/2013 (the "Agreement"). As a result of the terms of the Agreement and the beneficial ownership of all parties thereto, the reporting person may be deemed to be a member of a "group", within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, that owns more than 10% of the outstanding shares of Class B Common Stock of the Issuer.