Forestar Group Inc. — Director's Dealing 2014

Dec 8, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Forestar Group Inc. (FOR)
CIK: 0001406587
Period of Report: 2014-12-04

Reporting Person: Thomason Carl A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-04	Common Stock	A	150	$0.00	Acquired	30863	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option (right to buy)	$16.11	2022-02-14	Common Stock (20000)	20000	Direct

Footnotes

F1: Restricted stock units accrued under a Company Plan to be settled following Reporting Person's retirement.

F2: In accordance with the Rights Agreeement adopted by the Company on December 11, 2007, Preferred Stock Purchase Rights are deemed to be attached to the shares of Common Stock

F3: Options Vesting Schedule for Options Granted 02/14/2012 - Exercise price is $16.11: Options Exercisable 02/14/2013 - 6,500; Options Exercisable 02/14/2014 - 6,500; Options Exercisable 02/14/2015 - 7,000.