SEC Form 4 · accession 0001217453-16-000003
Forest City Realty Trust, Inc. · FCEA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Linda M Kane
Officer — Sr VP & Treasurer
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 5:53 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 StockF2 | Dec 31, 2015 | F | 4,341 | $21.93 | D | 26,137 | D | |
| Class A Common StockF1 | holding | — | — | — | 2,064 | I | 401k Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2005 Stock Option Grant (right to buy)F3 | $31.75 | holding | — | — | — | Apr 6, 2007 | Apr 6, 2015 | Class A Common | 11,250 | 11,250 | D |
| 2006 Stock Option Grant (right to buy)F4 | $46.37 | holding | — | — | — | Apr 4, 2008 | Apr 4, 2016 | Class A Common | 15,000 | 15,000 | D |
| 2007 Stock Option Grant (right to buy)F5 | $65.35 | holding | — | — | — | Mar 29, 2009 | Mar 29, 2017 | Class A Common | 15,000 | 15,000 | D |
| 2008 Stock Option Grant (right to buy)F6 | $36.38 | holding | — | — | — | Jun 18, 2010 | Jun 18, 2018 | Class A Common | 6,522 | 6,522 | D |
| Class B Common - ConvertibleF7,F13,F12 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock | 1,735 | 1,735 | I |
| 2012 Performance SharesF8 | $0.00 | holding | — | — | — | Dec 31, 2015 | Aug 8, 1988 | Class A Common | 5,124 | 5,124 | D |
| 2013 Performance SharesF9 | $0.00 | holding | — | — | — | Dec 31, 2016 | Aug 8, 1988 | Class A Common | 4,146 | 4,146 | D |
| 2014 Performance SharesF10 | $0.00 | holding | — | — | — | Dec 31, 2017 | Aug 8, 1988 | Class A Common | 4,128 | 4,128 | D |
| 2015 Performance SharesF11 | $0.00 | holding | — | — | — | Dec 31, 2017 | Aug 8, 1988 | Class A Common | 3,235 | 3,235 | D |
Explanation of responses
- F1Class A Common Stock - 401k account - Held Indirect.
- F10Performance Shares Award - granted 3/28/2014 - performance period is from January 1, 2014 to December 31, 2017. 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 $18.73 per share. There is no fixed expiration date.
- F11Performance Shares Award - granted 3/26/2015 - performance period is from January 1, 2015 to December 31, 2017. 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 $24.62 per share. There is no fixed expiration date.
- F12Immediate - stocks are convertible at any time, there is no fixed exercisable date or expiration date.
- F13Class B Common Stock - 401k account - Held indirect.
- F2Shares are held in a street account. 1.) 2,562 shares from the 2012 Restricted Stock Grant vested 12/31/2015, of those 842 shares were returned to the Company for taxes, the balance or 1,720 were transferred to this account. 2.) 3,283 shares from the 2013 Restricted Stock Grant vested 12/31/2015, of those 1,079 shares were returned to the Company for taxes, the balance or 2,204 were transferred to this account. 3.) 4,128 shares from the 2014 Restricted Stock Grant vested 12/31/2015, of those 1,357 shares were returned to the Company for taxes, the balance or 2,771 were transferred to this account. 4.) 3,235 shares from the 2015 Restricted Stock Grant vested 12/31/2015, of those 1,063 shares were returned to the Company for taxes, the balance or 2,172 were transferred to this account.
- F32005 Stock Option Grant - 25% exercisable 4/06/2007; 25% exercisable 4/06/2008; and 50% exersicable 4/06/2009.
- F42006 Stock Option Grant - 25% exercisable on 4/04/2008; 25% exercisable on 4/04/2009; and 50% exersicable on 4/04/2010.
- F52007 Stock Option Grant - 25% exercisable 3/29/2009; 25% exercisable 3/29/2010; and 50% exercisable 3/29/2011.
- F62008 Stock Option Grant - 25% exercisable 6/18/2010; 25% exercisable 6/18/2011; and 50% exercisable 6/18/2012.
- F7Stocks are convertible from Class B to Class A on a 1-for-1 basis.
- F8Performance 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. There is no fixed expiration date.
- F9Performance Shares Award - granted 4/08/2013 - performance period is from February 1, 2013 to December 31, 2016. 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 $17.60 per share. There is no fixed expiration date.