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Forestar Group Inc. Director's Dealing 2020

May 8, 2020

32005_dirs_2020-05-08_0ccff60a-4881-4770-b0fe-8ad51bf4f793.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: 2020-05-06

Reporting Person: TOMNITZ DONALD J (Director, Executive Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-05-06 Common Stock M 9267 Acquired 31914 Direct
2020-05-06 Common Stock F 2039 $13.11 Disposed 29875 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-05-06 Restricted Stock Unit $ M 9267 Disposed Common Stock (9267) Direct

Footnotes

F1: Each restricted stock unit converts into one share of FOR common stock upon vesting.

F2: These shares were surrendered to issuer to cover tax obligations of the 9,267 shares of FOR common stock issued upon vesting of the restricted stock units awarded May 6, 2019.

F3: On May 6, 2019, the reporting person was granted 27,800 restricted stock units, vesting in three annual installments beginning May 6, 2020.

F4: Total adjusted to reflect the shares that were surrendered to issuer to cover withholding tax obligations on December 1, 2019.