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Forestar Group Inc. — Director's Dealing 2012
Nov 15, 2012
32005_dirs_2012-11-15_def057ca-f766-4b4b-b97d-0a3a8f3ac454.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Forestar Group Inc. (FOR)
CIK: 0001406587
Period of Report: 2012-11-13
Reporting Person: WEBER PHILLIP J (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-11-13 | Common Stock | F | 3881 | $14.59 | Disposed | 23972 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option (right to buy) | $17.80 | 2020-02-09 | Common Stock (12806) | 12806 | Direct |
| Option (right to buy) | $18.59 | 2021-02-08 | Common Stock (24728) | 24728 | Direct |
| Option (right to buy) | $16.11 | 2022-02-14 | Common Stock (29506) | 29506 | Direct |
| Stock Appreciation Right | $17.80 | 2020-02-09 | Common Stock (15033) | 15033 | Direct |
| Restricted Share Units | $ | Common Stock (7584) | 7584 | Direct | |
| Restricted Share Units | $ | Common Stock (1883) | 3765 | Direct | |
| Restricted Share Units | $ | Common Stock (11173) | 11173 | Direct | |
| Performance Units | $ | 2014-02-08 | Common Stock (11721) | 11721 | Direct |
| Performance Units | $ | 2015-02-14 | Common Stock (14690) | 14690 | Direct |
Footnotes
F1: In accordance with the Rights Agreement adopted by the Company on December 11, 2007, Preferred Stock Purchase Rights are deemed to be attached to the shares of Common Stock.
F2: Vesting schedule for Options granted 02/9/2010 - Exercise price is $17.80: Options Exercisable 02/9/2011 - 3,201; Options Exercisable 02/9/2012 - 3,202; Options Exercisable 02/9/2013 - 3,201; and Options Exercisable 02/9/2014 - 3,202.
F3: Vesting schedule for Options granted 02/8/2011 - Exercise price is $18.59: Options Exercisable 02/8/2012 - 6,182; Options Exercisable 02/8/2013 - 6,182; Options Exercisable 02/8/2014 - 6,182; and Options Exercisable 02/8/2015 - 6,182.
F4: Vesting schedule for Options granted 02/14/2012 - Exercise price is $16.11: Options Exercisable 02/14/2013 - 7,376; Options Exercisable 02/14/2014 - 7,377; Options Exercisable 02/14/2015 - 7,376; and Options Exercisable 02/14/2016 - 7,377.
F5: Vesting schedule for Stock Appreciation Rights (SARs) granted 02/9/2010 - Exercise price is $17.80: SARs Exercisable 02/9/2011 - 3,758; SARs Exercisable 02/9/2012 - 3,758; SARs Exercisable 02/9/2013 - 3,758; and SARs Exercisable 02/9/2014 - 3,759. SARs will be settled for cash.
F6: Restricted share units granted on 2/9/2010 will vest effective 2/9/2013. Restricted share units will be settled for cash based on the fair market value on vesting date subject to a 1% ROA performance criteria.
F7: Restricted share units granted on 2/8/2011 will vest as follows: 1,883 on 2/8/2012; 1,882 on 2/8/2013; 1,883 on 2/8/2014. Restricted share units will be settled for cash based on the fair market value on vesting date.
F8: Restricted share units granted on 2/14/2012 will vest as follows: 3,725 on 2/14/2013; 3,724 on 2/14/2014; 3,724 on 2/14/2015. Restricted share units will be settled for cash based on the fair market value on vesting date.
F9: Number of units received upon vesting will vary depending upon performance of Company stock over the performance period.