SEC Form 4 · accession 0001532989-18-000004

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 20, 2018

Accepted (ET)

Mar 22, 2018 · 5:56 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 Stock^F5	Mar 20, 2018	A	6,052	$0.00	A	6,052	D
Class A Common Stock^F1	holding	—	—		—	3,470	D
Class A Common Stock^F2	holding	—	—		—	2,679	D
Class A Common Stock^F3	holding	—	—		—	3,940	D
Class A Common Stock^F4	holding	—	—		—	5,191	D
Class A Common Stock^F6	holding	—	—		—	30,710	D
Class A Common Stock^F7	holding	—	—		—	760	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
2018 Performance Shares^F12	$0.00	Mar 20, 2018	A	5,752	A	Dec 31, 2020	Aug 8, 1988	Class A Common	5,752	5,752	D
2010 Stock Option Grant (right to buy)^F8	$15.89	holding	—	—	—	Apr 14, 2012	Apr 14, 2020	Class A Common Stock	4,000	0	D
2011 Stock Option Grant (right to buy)^F9	$17.72	holding	—	—	—	Apr 13, 2013	Apr 13, 2021	Class A Common Stock	4,000	0	D
2016 Performance Shares^F10	$0.00	holding	—	—	—	Dec 31, 2018	Aug 8, 1988	Class A Common	5,253	5,253	D
2017 Performance Shares^F11	$0.00	holding	—	—	—	Dec 31, 2019	Aug 8, 1988	Class A Common	5,191	5,191	D

Explanation of responses

F12014 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.
F10Performance 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.
F11Performance Shares Award - granted 3/24/2017 - performance period is from January 1, 2017 to December 31, 2019. 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 $21.83 per share. There is no fixed expiration date.
F12Performance Shares Award - granted 3/20/2018 - performance period is from January 1, 2018 to December 31, 2020. 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 $20.89 per share. There is no fixed expiration date.
F22015 Restricted Stock Grant - 25% vest on 3/26/2016; 25% vest on 3/26/2017; and 50% vest on 3/26/2018.
F32016 Restricted Stock Grant - 25% vest on 3/23/2017; 25% vest on 3/23/2018; and 50% vest on 3/23/2019.
F42017 Restricted Stock Grant - 25% vest on 3/24/2018; 25% vest on 3/24/2019; and 50% vest on 3/24/2020.
F52018 Restricted Stock Grant - 25% vest on 3/24/2019; 25% vest on 3/24/2020; and 50% vest on 3/24/2021.
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.
F82010 Stock Option Grant - 25% exercisable 4/14/2012; 25% exercisable 4/14/2013; and 50% exercisable 4/14/2014.
F92011 Stock Option Grant - 25% exercisable 4/13/2013; 25% exercisable 4/13/2014; and 50% exercisable 4/13/2015.