Donald J. Tomnitz - May 6, 2021 Form 4 Insider Report for Forestar Group Inc. (FOR)

Role
Executive Chairman, Director
Signature
/s/ Donald J. Tomnitz
Stock symbol
FOR
Transactions as of
May 6, 2021
Transactions value $
-$51,138
Form type
4
Date filed
5/7/2021, 04:43 PM
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOR Common Stock Options Exercise $0 +9.27K +24% $0.00 47.9K May 6, 2021 Direct F1
transaction FOR Common Stock Tax liability -$51.1K -2.04K -4.26% $25.08 45.8K May 6, 2021 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 -9.27K -52.37% $0.00 8.43K May 6, 2021 Common Stock 9.27K 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 May 6, 2021.
F3 On May 6, 2019, the reporting person was granted 27,800 restricted stock units, vesting in three annual installments beginning May 6, 2020.