Donald J. Tomnitz - Mar 10, 2022 Form 4 Insider Report for Forestar Group Inc. (FOR)

Role
Executive Chairman, Director
Signature
/s/ Donald J. Tomnitz
Stock symbol
FOR
Transactions as of
Mar 10, 2022
Transactions value $
-$39,578
Form type
4
Date filed
3/14/2022, 02:03 PM
Previous filing
Dec 3, 2021
Next filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOR Common Stock Options Exercise $0 +10K +21.82% $0.00 55.8K Mar 10, 2022 Direct F1
transaction FOR Common Stock Tax liability -$39.6K -2.2K -3.94% $17.99 53.6K Mar 10, 2022 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 -10K -52.97% $0.00 8.88K Mar 10, 2022 Common Stock 10K Direct F1, F2
* 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 On March 10, 2020, the reporting person was granted 30,000 restricted stock units, vesting in three annual installments beginning March 10, 2021.
F3 These shares are surrendered to issuer to cover withholding tax obligations of the shares vested on March 10, 2022.