Donald J. Tomnitz - May 6, 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
May 6, 2022
Transactions value $
-$28,567
Form type
4
Date filed
5/9/2022, 04:09 PM
Previous filing
Apr 4, 2022
Next filing
Dec 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOR Common Stock Options Exercise $0 +8.43K +14.27% $0.00 67.5K May 6, 2022 Direct F1
transaction FOR Common Stock Tax liability -$28.6K -1.86K -2.75% $15.40 65.7K May 6, 2022 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 -8.43K -100% $0.00* 0 May 6, 2022 Common Stock 8.43K 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 were surrendered to issuer to cover tax obligations of the shares vested on May 6, 2022.
F3 On May 6, 2019, the reporting person was granted 27,800 restricted stock units, vesting in three annual installments beginning May 6, 2020.