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Forestar Group Inc. — Director's Dealing 2016
Feb 13, 2016
32005_dirs_2016-02-12_6e437485-ac88-412c-a33c-abb7a42cb26c.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Forestar Group Inc. (FOR)
CIK: 0001406587
Period of Report: 2016-02-09
Reporting Person: Quinley Michael J. (President)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 17937 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option (right to buy) | $17.80 | 2020-02-09 | Common Stock (6659) | Direct | |
| Option (right to buy) | $18.59 | 2021-02-08 | Common Stock (14837) | Direct | |
| Option (right to buy) | $16.11 | 2022-02-14 | Common Stock (16094) | Direct | |
| Option (right to buy) | $18.70 | 2023-02-12 | Common Stock (14620) | Direct | |
| Option (right to buy) | $14.08 | 2025-02-10 | Common Stock (18377) | Direct | |
| Option (right to buy) | $13.43 | 2025-09-25 | Common Stock (25650) | Direct | |
| Stock Appreciation Right | $9.29 | 2019-02-10 | Common Stock (25381) | Direct | |
| Stock Appreciation Right | $17.80 | 2020-02-09 | Common Stock (7817) | Direct | |
| Restricted Share Units | $ | Common Stock (2146) | Direct | ||
| Restricted Share Units | $ | Common Stock (4098) | Direct | ||
| Restricted Share Units | $ | Common Stock (12100) | Direct | ||
| Market Stock Units | $ | 2016-02-12 | Common Stock (7114) | Direct | |
| Market Stock Units | $ | 2017-02-11 | Common Stock (5152) | Direct | |
| Market Stock Units | $ | 2018-02-10 | Common Stock (18526) | Direct |
Footnotes
F1: Options are fully vested and exercisable as of the date of this report.
F2: Vesting schedule for Options granted 02/12/2013 -Exercise price is $18.70: Options Exercisable 02/12/2014 - 3,655; Options Exercisable
02/12/2015 - 3,655; Options Exercisable 02/12/2016 - 3,655; and Options Exercisable 02/12/2017 - 3,655.
F3: Vesting schedule for Options granted 02/10/2015 - Exercise price is $14.08: Options Exercisable 02/10/2016 - 4,594; Options Exercisable
02/10/2017 - 4,594; Options Exercisable 02/10/2018 - 4,594; and Options Exercisable 02/10/2019 - 4,595.
F4: Vesting schedule for Options granted 09/25/2015 - Exercise price is $13.43, however, options will not be exercisable unless stock price exceeds $17.50 per share: Options Exercisable 09/25/2016 - 8,550; Options Exercisable
09/25/2017 - 8,550; Options Exercisable 09/25/2018 - 8,550.
F5: Stock Appreciation Rights (SARs) are fully vested and exercisable as of the date of this report.
F6: Restricted share units granted on 02/12/2013 will vest on 02/12/2016. Restricted share units will be settled for cash based on the fair market
value on vesting date.
F7: Restricted share units granted on 02/11/2014 will vest as follows: 2,049 on 02/11/2016; 2,049 on 02/11/2017. Restricted share units will be
settled for cash based on the fair market value on vesting date.
F8: Restricted share units granted on 09/25/2015 will vest on 09/25/2018. Restricted share units will be settled for cash based on the fair market
value on vesting date.
F9: Number of shares to be received upon vesting will vary depending upon performance of Company stock over the performance period.