Mark Stephen Walker - Mar 18, 2023 Form 4 Insider Report for Forestar Group Inc. (FOR)

Role
Chief Operating Officer
Signature
By: /s/ Ashley Dagley, Attorney-in-Fact for Mark Stephen Walker
Stock symbol
FOR
Transactions as of
Mar 18, 2023
Transactions value $
-$11,337
Form type
4
Date filed
3/21/2023, 06:10 PM
Previous filing
Mar 13, 2023
Next filing
Mar 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOR Common Stock Options Exercise $0 +1.55K +41.32% $0.00 5.32K Mar 18, 2023 Direct F1
transaction FOR Common Stock Tax liability -$11.3K -784 -14.75% $14.46 4.53K Mar 18, 2023 Direct F2

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 -1.55K -25% $0.00 4.66K Mar 18, 2023 Common Stock 1.55K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit converts into one share of FOR common stock upon vesting.
F2 These shares are surrendered to issuer to cover withholding tax obligations of the shares vested on March 18, 2023.
F3 On March 18, 2021, the reporting person was granted 7,770 restricted stock units, vesting in five annual installments beginning March 18, 2022.