AI assistant
Forestar Group Inc. — Director's Dealing 2014
Feb 13, 2014
32005_dirs_2014-02-13_3adf1b58-7c88-4e52-aa53-4c2c728c64ff.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Forestar Group Inc. (FOR)
CIK: 0001406587
Period of Report: 2014-02-11
Reporting Person: WEBER PHILLIP J (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-11 | Common Stock | M | 12491 | — | Acquired | 33812 | Direct |
| 2014-02-11 | Common Stock | F | 3500 | $18.96 | Disposed | 30312 | Direct |
| 2014-02-12 | Common Stock | M | 2346 | $0.00 | Acquired | 32658 | Direct |
| 2014-02-12 | Common Stock | D | 2346 | $19.11 | Disposed | 30312 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-12 | Restricted Share Units | $ | M | 2346 | Disposed | Common Stock (2346) | Direct | |
| 2014-02-11 | Restricted Share Units | $ | A | 5999 | Acquired | Common Stock (5999) | Direct | |
| 2014-02-11 | Market Stock Units | $ | M | 11721 | Disposed | 2014-02-08 | Common Stock (11721) | Direct |
| 2014-02-11 | Market Stock Units | $ | A | 9126 | Acquired | 2017-02-11 | Common Stock (9126) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option (right to buy) | $17.80 | 2020-02-09 | Common Stock (9604) | 3202 | Direct |
| Option (right to buy) | $18.59 | 2021-02-08 | Common Stock (12364) | 12364 | Direct |
| Option (right to buy) | $16.11 | 2022-02-14 | Common Stock (7376) | 22130 | Direct |
| Option (right to buy) | $18.70 | 2023-02-12 | Common Stock (29240) | 29240 | Direct |
| Stock Appreciation Right | $17.80 | 2020-02-09 | Common Stock (11274) | 3759 | Direct |
| Restricted Share Units | $ | Common Stock (3725) | 7448 | Direct | |
| Market Stock Units | $ | 2015-02-14 | Common Stock (14690) | 14690 | Direct |
| Market Stock Units | $ | 2016-02-12 | Common Stock (14227) | 14227 | Direct |
Footnotes
F1: Represents vesting of previously reported Market Stock Units.
F2: Restricted stock units vested 02/12/2014. Restricted stock units are being settled for cash based on the fair market value on 02/12/2014.
F3: 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.
F4: Vesting schedule for Options granted 02/09/2010 - Exercise price is $17.80: Options Exercisable 02/09/2011 - 3,201; Options Exercisable 02/09/2012 - 3,202; Options Exercisable 02/09/2013 - 3,201; and Options Exercisable 02/09/2014 - 3,202.
F5: Vesting schedule for Options granted 02/08/2011 - Exercise price is $18.59: Options Exercisable 02/08/2012 - 6,182; Options Exercisable 02/08/2013 - 6,182; Options Exercisable 02/08/2014 - 6,182; and Options Exercisable 02/08/2015 - 6,182.
F6: 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.
F7: 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.
F8: 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.
F9: Restricted share units granted on 02/14/2012 will vest as follows: 3,725 on 02/14/2013; 3,724 on 02/14/2014; 3,724 on 02/14/2015. Restricted share units will be settled for cash based on the fair market value on vesting date.
F10: Restricted share units granted on 02/12/2013 will vest as follows: 2,346 on 02/12/2014; 2,345 on 02/12/2015; 2,346 on 02/12/2016. Restricted share units will be settled for cash based on the fair market value on vesting date.
F11: Restricted share units granted on 02/11/2014 will vest as follows: 2,000 on 02/11/2015; 1,999 on 02/11/2016; 2,000 on 02/11/2017. Restricted share units will be settled for cash based on the fair market value on vesting date.
F12: Vesting amount of Market Stock Units was determined based on the average closing stock price for forty trading days prior to the vest date and performance during the three-year performance period.
F13: Number of units received upon vesting will vary depending upon performance of Company stock over the performance period.