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Forestar Group Inc. — Director's Dealing 2017
Feb 13, 2017
32005_dirs_2017-02-13_5c9ff47c-6b00-4496-8bb3-f7b2d2c0e17d.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: 2017-02-09
Reporting Person: Jehl Charles D (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-09 | Common Stock | M | 21318 | $0.00 | Acquired | 69979 | Direct |
| 2017-02-09 | Common Stock | F | 6171 | $12.70 | Disposed | 63808 | Direct |
| 2017-02-11 | Common Stock | M | 1692 | $0.00 | Acquired | 65500 | Direct |
| 2017-02-11 | Common Stock | D | 1692 | $13.00 | Disposed | 63808 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-11 | Restricted Share Units | $ | M | 1692 | Disposed | Common Stock (1692) | Direct | |
| 2017-02-09 | Restricted Share Units | $ | M | 21318 | Disposed | Common Stock (21318) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option (right to buy) | $28.85 | 2018-02-12 | Common Stock (22300) | 22300 | Direct |
| Option (right to buy) | $17.80 | 2020-02-09 | Common Stock (10757) | 10757 | Direct |
| Option (right to buy) | $18.59 | 2021-02-08 | Common Stock (20772) | 20772 | Direct |
| Option (right to buy) | $16.11 | 2022-02-14 | Common Stock (22532) | 22532 | Direct |
| Option (right to buy) | $18.70 | 2023-02-12 | Common Stock (19493) | 19493 | Direct |
| Option (right to buy) | $14.08 | 2025-02-10 | Common Stock (18377) | 18377 | Direct |
| Stock Appreciation Right | $17.80 | 2020-02-09 | Common Stock (12628) | 12628 | Direct |
| Market Stock Units | $ | 2017-02-11 | Common Stock (5888) | 5888 | Direct |
| Market Stock Units | $ | 2018-02-10 | Common Stock (18526) | 18526 | Direct |
Footnotes
F1: Restricted share units vested 02/09/2017. Restricted stock units are being settled in stock.
F2: Restricted share units vested 02/11/2017. Restricted stock units are being settled for cash based on the fair market value on 02/11/2017.
F3: Options are fully vested and exercisable as of the date of this report.
F4: Vesting schedule for Options granted 02/14/2012 - Exercise price is $16.11: Options Exercisable 02/14/2013 - 5,633; Options Exercisable 02/14/2014 - 5,633; Options Exercisable 02/14/2015 - 5,633; and Options Exercisable 02/14/2016 - 5,633.
F5: Vesting schedule for Options granted 02/12/2013 - Exercise price is $18.70: Options Exercisable 02/12/2014 - 4,873; Options Exercisable 02/12/2015 - 4,873; Options Exercisable 02/12/2016 - 4,873; and Options Exercisable 02/12/2017 - 4,874.
F6: 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.
F7: Stock Appreciation Rights (SARs) are fully vested and exercisable as of the date of this report.
F8: Restricted share units granted on 02/11/2014 will vest as follows: 1,692 on 02/11/2016; 1,692 on 02/11/2017. Restricted share units will be settled for cash based on the fair market value on vesting date.
F9: Restricted share units granted on 02/09/2016 will vest as follows: 21,318 on 02/09/2017; 21,317 on 02/09/2018; 21,318 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.