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Forestar Group Inc. — Director's Dealing 2017
Mar 20, 2017
32005_dirs_2017-03-20_1d461911-903f-44ec-ba01-8a22e787073a.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: 2017-03-16
Reporting Person: WEBER PHILLIP J (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-16 | Common Stock | A | 24416 | — | Acquired | 86092 | Direct |
| 2017-03-16 | Common Stock | F | 7147 | $13.00 | Disposed | 78945 | 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 |
| Option (right to buy) | $14.08 | 2025-02-10 | Common Stock (25268) | 25268 | Direct |
| Option (right to buy) | $13.43 | 2025-09-25 | Common Stock (90000) | 90000 | Direct |
| Stock Appreciation Right | $17.80 | 2020-02-09 | Common Stock (11274) | 3759 | Direct |
| Restricted Share Units | $ | Common Stock (13566) | 27132 | Direct | |
| Market Stock Units | $ | 2018-02-10 | Common Stock (25474) | 25474 | Direct |
Footnotes
F1: Represents vesting of 2014 Performance Stock Units
F2: 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.
F3: 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.
F4: 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.
F5: 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.
F6: Vesting schedule for Options granted 02/10/2015 - Exercise price is $14.08: Options Exercisable 02/10/2016 - 6,317; Options Exercisable 02/10/2017 - 6,317; Options Exercisable 02/10/2018 - 6,317; and Options Exercisable 02/10/2019 - 6,317.
F7: 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 - 30,000; Options Exercisable 09/25/2017 - 30,000; and Options Exercisable 09/25/2018 - 30,000.
F8: Vesting schedule for Stock Appreciation Rights (SARs) granted 02/09/2010 - Exercise price is $17.80: SARs Exercisable 02/09/2011 - 3,758; SARs Exercisable 02/09/2012 - 3,758; SARs Exercisable 02/09/2013 - 3,758; and SARs Exercisable 02/09/2014 - 3,759. SARs will be settled for cash.
F9: Restricted share units granted on 02/09/2016 will vest as follows: 13,566 on 02/09/2017; 13,566 on 02/09/2018; 13,566 on 02/09/2019. Restricted share units will be settled with stock.
F10: Number of shares to be received upon vesting will vary depending upon performance of Company stock over the performance period.