Forestar Group Inc. — Director's Dealing 2018

May 15, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Forestar Group Inc. (FOR)
CIK: 0001406587
Period of Report: 2018-05-11

Reporting Person: BARTOK DANIEL C (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-14	Common Stock	P	500	$22.00	Acquired	1500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-11	Restricted Stock Unit	$	A	12000	Acquired		Common Stock (12000)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of FOR common stock upon vesting.

F2: The restricted stock units vest in three equal annual installments beginning December 29, 2018.