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Forestar Group Inc. — Director's Dealing 2015
Feb 13, 2015
32005_dirs_2015-02-12_48c8f70e-d64e-4784-9577-7d5a60ef5783.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: 2015-02-10
Reporting Person: Reddy Sabita C. (Vice President - Accounting)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-11 | Common Stock | M | 330 | $0.00 | Acquired | 3249 | Direct |
| 2015-02-11 | Common Stock | D | 330 | $14.10 | Disposed | 2919 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-10 | Stock Appreciation Right | $14.08 | A | 4211 | Acquired | 2025-02-10 | Common Stock (4211) | Direct |
| 2015-02-11 | Restricted Share Units | $ | M | 330 | Disposed | Common Stock (330) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option (right to buy) | $27.06 | 2016-02-03 | Common Stock (1708) | 1708 | Direct |
| Option (right to buy) | $30.56 | 2017-02-02 | Common Stock (1708) | 1708 | Direct |
| Option (right to buy) | $18.70 | 2023-02-12 | Common Stock (2437) | 2437 | Direct |
Footnotes
F1: Restricted stock units vested 02/11/2015. Restricted stock units are being settled for cash based on the fair market value on 02/11/2015.
F2: 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.
F3: Shares acquired in a pro rata distribution by Temple-Inland Inc. through a spin-off effective December 28, 2007.
F4: Options are fully vested and exercisable as of the date of this report.
F5: Vesting schedule for Options granted 02/12/2013 - Exercise price is $18.70: Options Exercisable 02/12/2014 - 609; Options Exercisable 02/12/2015 - 609; Options Exercisable 02/12/2016 - 609; and Options Exercisable 02/12/2017 - 610.
F6: Vesting schedule for Stock Appreciation Rights (SARs) granted 02/10/2015 - Exercise price is $14.08: SARs Exercisable 02/10/2016 - 1,052; SARs Exercisable 02/10/2017 - 1,053; SARs Exercisable 02/10/2018 - 1,053; and SARs Exercisable 02/10/2019 - 1,053. SARs will be settled for cash
F7: Restricted share units granted on 02/11/2014 will vest as follows: 330 on 02/11/2015; 329 on 02/11/2016; 329 on 02/11/2017. Restricted share units will be settled for cash based on the fair market value on vesting date.