SEC Form 5 · accession 0000899243-18-004079

Forest City Realty Trust, Inc. · FCEA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Joan K Shafran

Other

Period of report

Dec 31, 2017

Accepted (ET)

Feb 14, 2018 · 9:56 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 Stock^F7,F8,F2	Jun 12, 2017	J	1,774,724	—	A	1,804,196	I	See footnote
Class A Common Stock^F7,F8,F4	Jun 12, 2017	J	1,179	—	A	1,179	D
Class A Common Stock^F7,F8,F5	Jun 12, 2017	J	17,685	—	A	1,179	I	See footnote
Class A Common Stock^F8,F1	holding	—	—		—	73,685	D
Class A Common Stock^F8,F3	holding	—	—		—	37,156	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Class B Common - Convertible^F7,F8,F4,F6	$0.00	Jun 12, 2017	J	900	D	Aug 8, 1988	Aug 8, 1988	Common Stock	900	D
Class B Common - Convertible^F7,F8,F2,F6	$0.00	Jun 12, 2017	J	1,354,751	D	Aug 8, 1988	Aug 8, 1988	Common Stock	1,354,751	I
Class B Common - Convertible^F7,F8,F5,F6	$0.00	Jun 12, 2017	J	13,500	D	Aug 8, 1988	Aug 8, 1988	Common Stock	13,500	I

Explanation of responses

F1Joan Shafran, Trustee - held in street account with Barclays.
F2Held Indirect - Held by The Berimore Company as a limited partner of RMS, Ltd. Joan Shafran is a general partner of The Berimore Company along with siblings, Joseph Shafran and Paula Krulak. 1,354,751 shares of Class B Common Stock were reclassified and exchanged into 1,774,724 shares of Class A Common Stock. Post-reclassification, as of 6/12/17, 1,194,100 shares of Class A Common Stock are held as a direct limited partners of RMS, Ltd. and 610,096 shares of Class A Common Stock are held directly.
F3Joan Shafran GRIT dated 8/01/2007. Joan Shafran receives income from the shares but has no beneficial interest; Joan Shafran serves as a Trustee for the trust. Class A Common stock is held directly.
F4General Partner of RMS, Ltd. 900 shares of Class B Common Stock were reclassified and exchanged into 1,179 shares of Class a Common Stock as of 6/12/17, which is held directly.
F5Held Indirect - Powell Partners. 13,500 shares of Class B Common Stock were reclassified and exchanged into 17,685 shares of Class A Common Stock as of 06/12/17.
F6Class B Common Stock was convertible to Class A Common Stock on a share -for -share basis; stock was convertible at any time - there was no fixed exercise date or expiration date.
F7Pursuant to a reclassification exempt under Rule 16b-7, each share of Class B common stock was reclassified and exchanged into 1.31 shares of Class A common stock.
F8Reported as of 6/12/2017, the date the Reporting Person ceased to be subject to Section 16.