Forestar Group Inc. — Director's Dealing 2017

Feb 16, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Forestar Group Inc. (FOR)
CIK: 0001406587
Period of Report: 2017-02-14

Reporting Person: HUDSON M ASHTON (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-14	Common Stock	A	7239	$0.00	Acquired	48142	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-09	Option (right to buy)	$8.60	A	20000	Acquired	2026-02-09	Common Stock (20000)	Direct

Footnotes

F1: Restricted share units accrued under a Company Plan to be settled following Reporting Person's retirement. All restricted share units are vested except a portion of those granted on 02/14/2017 that will vest as follows: 1,448 on 05/9/2017; 1,448 on 08/08/2017; 1,448 on 11/14/2017.

F2: Vesting schedule for Options granted 02/09/2016 - Exercise price is $8.60: Options Exerciserable 02/09/2017 - 6,500; Options Exerciserable 02/09/2018 - 6,500; and Options Exerciserable 02/09/2019 - 7,000.