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Forestar Group Inc. — Director's Dealing 2013
Feb 14, 2013
32005_dirs_2013-02-14_88cc22bf-4589-483f-aca7-7d93ac7b1079.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: 2013-02-12
Reporting Person: Dickson Bruce Fairchild (Chief Real Estate Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-12 | Option (right to buy) | $18.70 | A | 29240 | Acquired | 2023-02-12 | Common Stock (29240) | Direct |
| 2013-02-12 | Restricted Share Units | $ | A | 7804 | Acquired | Common Stock (7804) | Direct | |
| 2013-02-12 | Performance Units | $ | A | 14227 | Acquired | 2016-02-12 | Common Stock (14227) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 19623 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option (right to buy) | $16.11 | 2022-02-14 | Common Stock (34871) | 34871 | Direct |
| Restricted Share Units | $ | Common Stock (13656) | 13656 | Direct | |
| Performance Units | $ | 2015-02-14 | Common Stock (17361) | 17361 | 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 02/14/2012 - Exercise price is $16.11: Options Exercisable 02/14/2013 - 8,717; Options Exercisable 02/14/2014 - 8,718; Options Exercisable 02/14/2015 - 8,718; and Options Exercisable 02/14/2016 - 8,718.
F3: Vesting schedule for Options granted 02/12/2013 - Exercise price is $18.70: Options Exercisable 02/12/2014 - 7,310; Options Exercisable 02/12/2015 - 7,310; Options Exercisable 02/12/2016 - 7,310; and Options Exercisable 02/12/2017 - 7,310.
F4: Restricted share units granted on 02/14/2012 will vest as follows: 4,552 on 02/14/2013; 4,552 on 02/14/2014; 4,552 on 02/14/2015. Restricted share units will be settled for cash based on the fair market value on vesting date.
F5: Restricted share units granted on 02/12/2013 will vest as follows: 2,602 on 02/12/2014; 2,601 on 02/12/2015; 2,601 on 02/12/2016. Restricted share units will be settled for cash based on the fair market value on vesting date.
F6: Number of units received upon vesting will vary depending upon performance of Company stock over the performance period.