SEC Form 4 · accession 0001532989-16-000006
Forest City Realty Trust, Inc. · FCEA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles D Obert
Officer — Sr VP, Chief Acct Officer
Period of report
Mar 23, 2016
Accepted (ET)
Mar 25, 2016 · 1:43 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 StockF5 | Mar 23, 2016 | A | 5,253 | $0.00 | A | 5,253 | D | |
| Class A Common StockF1 | holding | — | — | — | 3,886 | D | ||
| Class A Common StockF2 | holding | — | — | — | 4,998 | D | ||
| Class A Common StockF3 | holding | — | — | — | 6,940 | D | ||
| Class A Common StockF4 | holding | — | — | — | 5,357 | D | ||
| Class A Common StockF6 | holding | — | — | — | 18,955 | D | ||
| Class A Common StockF7 | holding | — | — | — | 671 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 Performance SharesF15 | $0.00 | Mar 23, 2016 | A | 5,253 | A | Dec 31, 2018 | Aug 8, 1988 | Class A Common | 5,253 | 5,253 | D |
| 2006 Stock Option Grant (right to buy)F8 | $46.37 | holding | — | — | — | Apr 4, 2008 | Apr 4, 2016 | Class A Common Stock | 3,200 | 3,200 | D |
| 2007 Stock Option Grant (right to buy)F9 | $65.35 | holding | — | — | — | Mar 29, 2009 | Mar 29, 2017 | Class A Common Stock | 5,000 | 5,000 | D |
| 2010 Stock Option Grant (right to buy)F10 | $15.89 | holding | — | — | — | Apr 14, 2012 | Apr 14, 2020 | Class A Common Stock | 4,000 | 4,000 | D |
| 2011 Stock Option Grant (right to buy)F11 | $17.72 | holding | — | — | — | Apr 13, 2013 | Apr 13, 2021 | Class A Common Stock | 4,000 | 4,000 | D |
| 2013 Performance SharesF12 | $0.00 | holding | — | — | — | Dec 31, 2016 | Aug 8, 1988 | Class A Common | 3,621 | 3,621 | D |
| 2014 Performance SharesF13 | $0.00 | holding | — | — | — | Dec 31, 2017 | Aug 8, 1988 | Class A Common | 4,271 | 4,271 | D |
| 2015 Performance SharesF14 | $0.00 | holding | — | — | — | Dec 31, 2017 | Aug 8, 1988 | Class A Common | 3,357 | 3,357 | D |
| 2015 Out Performance SharesF16 | $0.00 | holding | — | — | — | Dec 31, 2017 | Aug 8, 1988 | Class A Common | 20,000 | 20,000 | D |
Explanation of responses
- F12012 Restricted Stock Grant - 25% vest on 4/11/2014; 25% vest on 4/11/2015; and 50% vest on 4/11/2016.
- F102010 Stock Option Grant - 25% exercisable 4/14/2012; 25% exercisable 4/14/2013; and 50% exercisable 4/14/2014. Adjusting shares to reflect the correct number as reported in the Form 3, error was made in the first Form 4 filing and carried through subsequent filings.
- F112011 Stock Option Grant - 25% exercisable 4/13/2013; 25% exercisable 4/13/2014; and 50% exercisable 4/13/2015.
- F12Performance 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.
- F13Performance 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.
- F14Performance 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.
- F15Performance Shares Award - granted 3/23/2016 - performance period is from January 1, 2016 to December 31, 2018. 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 $20.94 per share. There is no fixed expiration date.
- F16Out Performance Shares Award - granted 3/27/2015 - performance period is from January 1, 2015 to December 31, 2017. Awards will vest 50% on December 31, 2017 and 50% on December 31, 2018 and will be available to the grantee provided that certain performance criteria are met. The actual number of shares earned could range from 0 to 300% of the number of Performance Shares granted. Fair market value on date of grant is $25.31 per share. There is no fixed expiration date.
- F22013 Restricted Stock Grant - 25% vest on 4/08/2015; 25% vest on 4/08/2016; and 50% vest on 4/08/2017.
- F32014 Restricted Stock Grant - 0% vest on 3/28/2015; 25% vest on 3/28/2016; 25% vest on 3/28/2017; and 50% vest on 3/28/2018.
- F42015 Restricted Stock Grant - 25% vest on 3/26/2016; 25% vest on 3/26/2017; and 50% vest on 3/26/2018.
- F52016 Restricted Stock Grant - 25% vest on 3/23/2017; 25% vest on 3/23/2018; and 50% vest on 3/23/2019.
- F6Shares are held by transfer agent in a direct registration account.
- F7FCE's 401k Plan account, shares are held indirect. Updated to reflect current holdings.
- F82006 Stock Option Grant - 25% exercisable 4/04/2008; 25% exercisable 4/04/2009; and 50% exersicable 4/04/2010.
- F92007 Stock Option Grant - 25% exercisable 3/29/2009; 25% exercisable 3/29/2010; and 50% exercisable 3/29/2011.