SEC Form 4 · accession 0001532989-18-000006
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, 2018
Accepted (ET)
Mar 27, 2018 · 4:16 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 26, 2018 | F | 814 | $19.96 | D | 0 | D | |
| Class A Common StockF3 | Mar 23, 2018 | F | 399 | $19.90 | D | 2,627 | D | |
| Class A Common StockF4 | Mar 24, 2018 | F | 394 | $19.90 | D | 3,894 | D | |
| Class A Common StockF1 | holding | — | — | — | 3,470 | D | ||
| Class A Common StockF5 | holding | — | — | — | 6,052 | D | ||
| Class A Common StockF6 | holding | — | — | — | 34,392 | D | ||
| Class A Common StockF7 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 SharesF10 | $0.00 | holding | — | — | — | Dec 31, 2018 | Aug 8, 1988 | Class A Common | 5,253 | 5,253 | D |
| 2017 Performance SharesF11 | $0.00 | holding | — | — | — | Dec 31, 2019 | Aug 8, 1988 | Class A Common | 5,191 | 5,191 | D |
| 2018 Performance SharesF12 | $0.00 | holding | — | — | — | Dec 31, 2020 | Aug 8, 1988 | Class A Common | 5,752 | 5,752 | 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. 1,313 shares vested on 3/23/2018, of which 399 shares were returned to the Company to cover taxes and the balance of the shares were transferred to this account. 1,297 shares vested on 3/24/2018, of which 394 shares were returned to the Company to cover taxes and the balance of the shares were transferred to this account. 2,679 shares vested on 3/26/2018, of which 814 shares were returned to the Company to cover taxes and the balance of the shares were transferred to this 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.