SEC Form 4 · accession 0001217457-15-000003

FOREST CITY ENTERPRISES INC · FCEA/FCEB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Geralyn M Presti

Officer — Exec. V.P.; Sec & Gen Counsel · 10% Owner

Period of report

Apr 11, 2015

Accepted (ET)

Apr 14, 2015 · 6:48 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000038067

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Class A Common Stock^F1	Apr 13, 2015	F	862	$25.16	D	0	D
Class A Common Stock^F2	Apr 11, 2015	F	593	$25.47	D	3,610	D
Class A Common Stock^F3	holding	—	—		—	5,085	D
Class A Common Stock^F4	holding	—	—		—	6,371	D
Class A Common Stock^F5	holding	—	—		—	14,992	D
Class A Common Stock^F6	holding	—	—		—	15,779	D

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)^F7	$31.75	holding	—	—	—	Apr 6, 2007	Apr 6, 2015	Class A Common	15,000	15,000	D
2006 Stock Option Grant (right to buy)^F8	$46.37	holding	—	—	—	Apr 4, 2008	Apr 4, 2016	Class A Common	15,000	15,000	D
2007 Stock Option Grant (right to buy)^F9	$65.35	holding	—	—	—	Mar 29, 2009	Mar 29, 2017	Class A Common	15,000	15,000	D
2008 Stock Option Grant (right to buy)^F10	$36.38	holding	—	—	—	Jun 18, 2010	Jun 18, 2018	Class A Common	6,891	6,891	D
2009 Stock Option Grant (right to buy)^F11	$7.80	holding	—	—	—	Apr 21, 2011	Apr 21, 2019	Class A Common	3,446	3,446	D
2010 Stock Option Grant (right to buy)^F12	$15.89	holding	—	—	—	Apr 14, 2012	Apr 14, 2020	Class A Common	6,894	6,894	D
2011 Stock Option Grant (right to buy)^F13	$17.72	holding	—	—	—	Apr 13, 2013	Apr 13, 2021	Class A Common	8,302	8,302	D
2012 Performance Shares^F14	$0.00	holding	—	—	—	Dec 31, 2015	Aug 8, 1988	Class A Common	7,220	7,220	D
2013 Performance Shares^F15	$0.00	holding	—	—	—	Dec 31, 2016	Aug 8, 1988	Class A Common	6,422	6,422	D
2014 Performance Shares^F16	$0.00	holding	—	—	—	Dec 31, 2017	Aug 8, 1988	Class A Common	6,371	6,371	D
2015 Performance Shares^F17	$0.00	holding	—	—	—	Dec 31, 2017	Aug 8, 1988	Class A Common	4,992	4,992	D

Explanation of responses

F12011 Restricted Stock Grant - 25% vest on 4/13/2013; 25% vest on 4/13/2014; and 50% vest on 4/13/2015.
F102008 Stock Option Grant - 25% exercisable 6/18/2010; 25% exercisable 6/18/2011; and 50% exercisable 6/18/2012.
F112009 Stock Option Grant - 25% exercisable 4/21/2011; 25% exercisable 4/21/2012; and 50% exercisable 4/21/2013.
F122010 Stock Option Grant - 25% exercisable 4/14/2012; 25% exercisable 4/14/2013; and 50% exercisable 4/14/2014.
F132011 Stock Option Grant - 25% exercisable 4/13/2013; 25% exercisable 4/13/2014; and 50% exercisable 4/13/2015.
F14Performance 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.
F15Performance 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.
F16Performance 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.
F17Performance 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.
F22012 Restricted Stock Grant - 25% vest on 4/11/2014; 25% vest on 4/11/2015; and 50% vest on 4/11/2016.
F32013 Restricted Stock Grant - 25% vest on 4/08/2015; 25% vest on 4/08/2016; and 50% vest on 4/08/2017.
F42014 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.
F52015 Restricted Stock Grant - 25% vest on 3/26/2016; 25% vest on 3/26/2017; and 50% vest on 3/26/2018.
F6Shares held in street account with Securities America. Of the 1,805 shares that vested on 4/11/2015; 593 shares were returned to the Company to cover taxes and the remaining 1,212 shares were transferred to this account. Of the 2,624 shares that vested on 4/13/2015; 862 shares were returned to the Company to cover taxes and the remaining 1,762 shares were transferred to this account.
F72005 Stock Option Grant - 25% exercisable 4/06/2007; 25% exercisable 4/06/2008; and 50% exersicable 4/06/2009.
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.