Donald J. Tomnitz - 01 Dec 2021 Form 4 Insider Report for Forestar Group Inc. (FOR)

Role: Executive Chairman, Director
Signature: /s/ Donald J. Tomnitz
Issuer symbol: FOR
Transactions as of: 01 Dec 2021
Net transactions value: -$15,323
Form type: 4
Filing time: 03 Dec 2021, 10:03:46 UTC
Previous filing: 07 May 2021
Next filing: 14 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FOR	Common Stock	Options Exercise	$0	+783	+1.7%	$0.000000	46,611	01 Dec 2021	Direct	F2
transaction	FOR	Common Stock	Tax liability	$15,323	-783	-1.7%	$19.57	45,828	01 Dec 2021	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FOR	Restricted Stock Unit	Options Exercise	$0	-783	-3.7%	$0.000000	20,208	01 Dec 2021	Common Stock	783		Direct	F1, F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents common stock acquired by the vesting of a portion of the 20,991 restricted stock units awarded March 18, 2021 to cover withholding tax obligations.
F2	Each restricted stock unit represents a contingent right to receive one share of FOR common stock upon vesting.
F3	These shares were surrendered to issuer to cover withholding tax obligations of the 20,991 restricted stock units awarded March 18, 2021.
F4	On March 18, 2021, the reporting person was granted 20,991 restricted stock units.