SEC Form 5 · accession 0001217463-15-000001

FOREST CITY ENTERPRISES INC · FCEA/FCEB

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

Reporting owner

Charles A Ratner

Officer — Chairman of the Board · Director · 10% Owner

Period of report

Dec 31, 2014

Accepted (ET)

Feb 17, 2015 · 4:31 pm EST

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	Nature of ownership
Class A Common Stock^F1	Dec 11, 2014	G	24,000	$0.00	D	118,368	I	See footnote
Class A Common Stock^F2	holding	—	—		—	4,204	I	See footnote
Class A Common Stock^F3	holding	—	—		—	506,007	I	See footnote
Class A Common Stock^F4	holding	—	—		—	381,806	I	See footnote
Class A Common Stock^F5	holding	—	—		—	2,236	I	See footnote
Class A Common Stock^F5	holding	—	—		—	8,198	I	See footnote
Class A Common Stock^F5	holding	—	—		—	18,679	I	See footnote
Class A Common Stock^F5	holding	—	—		—	5,389	I	See footnote
Class A Common Stock^F6	holding	—	—		—	2,948	I	See footnote
Class A Common Stock^F7	holding	—	—		—	98,000	I	See footnote
Class A Common Stock^F8	holding	—	—		—	2,227	I	See footnote
Class A Common Stock^F9	holding	—	—		—	2,822	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Class B Common - Convertible^F1,F18	$0.00	Dec 9, 2014	G	8,711	D	Aug 8, 1988	Aug 8, 1988	Common Stock	64,902	56,191	I
Class B Common - Convertible^F1,F18	$0.00	holding	—	—	—	Aug 8, 1988	Aug 8, 1988	Common Stock	453,536	453,536	I
Class B Common - Convertible^F5,F18	$0.00	holding	—	—	—	Aug 8, 1988	Aug 8, 1988	Common Stock	5,992	5,992	I
Class B Common - Convertible^F5,F18	$0.00	holding	—	—	—	Aug 8, 1988	Aug 8, 1988	Common Stock	5,992	5,992	I
Class B Common - Convertible^F5,F18	$0.00	holding	—	—	—	Aug 8, 1988	Aug 8, 1988	Common Stock	5,992	5,992	I
Class B Common - Convertible^F5,F18	$0.00	holding	—	—	—	Aug 8, 1988	Aug 8, 1988	Common Stock	5,992	5,992	I
Class B Common - Convertible^F7,F18	$0.00	holding	—	—	—	Aug 8, 1988	Aug 8, 1988	Common Stock	73,080	73,080	I
Class B Common - Convertible^F8,F18	$0.00	holding	—	—	—	Aug 8, 1988	Aug 8, 1988	Common Stock	378,500	378,500	I
Class B Common - Convertible^F10,F18	$0.00	holding	—	—	—	Aug 8, 1988	Aug 8, 1988	Common Stock	900	900	I
2005 Stock Option Grant (right to buy)^F11	$31.75	holding	—	—	—	Apr 6, 2007	Apr 6, 2015	Class A Common	40,000	40,000	D
2006 Stock Option Grant (right to buy)^F12	$46.37	holding	—	—	—	Apr 4, 2008	Apr 6, 2015	Class A Common	40,000	40,000	D
2007 Stock Option Grant (right to buy)^F13	$65.35	holding	—	—	—	Mar 29, 2009	Mar 29, 2017	Class A Common	40,000	40,000	D
2008 Stock Option Grant (right to buy)^F14	$36.38	holding	—	—	—	Jun 18, 2010	Jun 18, 2018	Class A Common	19,691	19,691	D
2009 Stock Option Grant (right to buy)^F15	$7.80	holding	—	—	—	Apr 21, 2011	Apr 21, 2019	Class A Common	24,220	24,220	D
2010 Stock Option Grant (right to buy)^F16	$15.89	holding	—	—	—	Apr 14, 2012	Apr 14, 2020	Class A Common	40,289	40,289	D
2011 Stock Option Grant (right to buy)^F17,F16	$17.72	holding	—	—	—	Apr 13, 2013	Apr 13, 2021	Class A Common	26,782	26,782	D

Explanation of responses

F1Charles Ratner Revocable Trust dated 7/17/1981. - trust holds 118,368 Class A Common shares; Class B Common shares - 56,191 shares are held as a direct limited partner of RMS, Ltd; 453,536 shares are held as a limited partnersip interest in FCE Management, LP (a limited partner of RMS, Ltd.).
F10General Partnership interest in RMS, Ltd. limited partnership.
F112005 Stock Option Grant - 25% exercisable 4/06/2007; 25% exercisable 4/06/2008; and 50% exercisable 4/06/2009.
F122006 Stock Option Grant - 25% exercisable on 4/04/2008; 25% exercisable on 4/04/2009; and 50% exercisable on 4/04/2010.
F132007 Stock Option Grant - 25% exercisable 3/29/2009; 25% exercisable 3/29/2010; and 50% exercisable 3/29/2011.
F142008 Stock Option Grant - 25% exercisable 6/18/2010; 25% exercisable 6/18/2011; and 50% exercisable 6/18/2012.
F152009 Stock Option Grant - 25% exercisable 4/21/2011; 25% exercisable 4/21/2012; and 50% exercisable 4/21/2013.
F162010 Stock Option Grant - 25% exercisable 4/14/2012; 25% exercisable 4/14/2013; and 50% exercisable 4/14/2014.
F172011 Stock Option Grant - 25% exercisable 4/13/2013; 25% exercisable 4/13/2014; and 50% exercisable 4/13/2015.
F18Class B Common Stock is convertible to Class A Common Stock on a share -for -share basis; stock are convertible at any time - there is no fixed exercise date or expiration date.
F2Held by spouse in a street account.
F3Illana Horowitz Ratner Trust - dated 12/29/92 (spouse).
F4Charles Ratner 1986 Remainder Interest Trust - Albert Ratner is trustee; Charles Ratner retains an income interest for life. Beneficiaries are his children: Kevin, Rachel and Jonathan.
F5Max Ratner 1986 Family Trust for the benefit of children: Kevin Ratner (son)- 2,236 Class A shares and 5,992 Class B shares; Rachel Ratner (daughter) - 8,198 Class A shares and 5,992 Class B shares; Jonathan Ratner (son) - 18,679 Class A shares and 5,992 Class B shares & Adam Ratner (son) - 5,389 Class A shares and 5,992 Class B shares. Charles Ratner is Trustee. All Class B shares (except those held for the benefit of Adam) are held as a limited partnership interest in RMS, Ltd.. Charles Ratner disclaims any beneficial interest.
F6Max Ratner 1988 Grandchildrens Trust - for the benefit of Adam (son). Charles Ratner disclaims any beneficial interest.
F7Max Ratner 1999 Irrevocable Trust - trust holds both Class A & Class B shares. Shares are for the benefit of Adam Ratner (son). Charles Ratner disclaims any beneficial interest.
F8Charles & Ilana Ratner 2007 Equalizing Trust - for the benefit of Adam (son), trust holds both Class A & Class B shares. Class B shares are held as a limited partnership interest in RMS, Ltd. Charles Ratner disclaims any beneficial interest.
F92011Restricted Stock Grant - 25% vest on 4/13/2013; 25% vest on 4/13/2014; and 50% vest on 4/13/2015;