SEC Form 4 · accession 0001217398-16-000004
Forest City Realty Trust, Inc. · FCEA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joan K Shafran
10% Owner
Period of report
Mar 11, 2016
Accepted (ET)
Mar 14, 2016 · 6:19 pm EDT
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 StockF2 | Mar 11, 2016 | J | 3,303 | $0.00 | D | 29,472 | I | See footnote |
| Class A Common StockF1 | holding | — | — | — | 77,285 | I | See footnote | |
| Class A Common StockF3 | holding | — | — | — | 37,156 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common - ConvertibleF4,F7,F8 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock | 900 | 900 | I |
| Class B Common - ConvertibleF5,F7,F8 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock | 1,354,751 | 1,354,751 | I |
| Class B Common - ConvertibleF6,F7,F8 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock | 13,500 | 13,500 | I |
Explanation of responses
- F1Joan Shafran, Trustee - held in street account with Barclays.
- F2Held Indirect by The Berimore Company, Joan Shafran is a general partner along with siblings, Joseph Shafran and Paula Krulak. Transaction was a partnership distribution to a non-section 16 reporting partner. Joan Shafran received no economic benefit. No money was tendered.
- F3Joan Shfaran GRIT dated 8/01/2007. Joan Shafran recieves income from the shares but has no beneficial interest; Joan Shafran serves as a Trustee for the trust.
- F4Held Indirect - General Partner of RMS, Ltd.
- F5Held Indirect - 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.
- F6Held Indirect - Powell Partners.
- F7Stocks are convertible from Class B Common to Class A Common on a 1-for-1 basis.
- F8Immediate - stocks are convertible at any time, there is no fixed exercisable date or expiration date.