Donald C. Spitzer - 21 Feb 2023 Form 4 Insider Report for Forestar Group Inc. (FOR)

Role
Director
Signature
/s/ Ashley Dagley, Attorney-in-Fact for Donald C. Spitzer
Issuer symbol
FOR
Transactions as of
21 Feb 2023
Net transactions value
$0
Form type
4
Filing time
23 Feb 2023, 15:12:15 UTC
Previous filing
04 Nov 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 +7,089 +45% 22,767 21 Feb 2023 Direct F1

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 -1,000 -100% $0.000000* 0 21 Feb 2023 Common Stock 1,000 Direct F1, F2, F6
transaction FOR Restricted Stock Unit Options Exercise $0 -2,000 -100% $0.000000* 0 21 Feb 2023 Common Stock 2,000 Direct F1, F3, F6
transaction FOR Restricted Stock Unit Options Exercise $0 -1,358 -100% $0.000000* 0 21 Feb 2023 Common Stock 1,358 Direct F1, F4, F6
transaction FOR Restricted Stock Unit Options Exercise $0 -2,731 -100% $0.000000* 0 21 Feb 2023 Common Stock 2,731 Direct F1, F5, F6
* 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.
F2 On March 10, 2020, the reporting person was granted 3,000 restricted stock units, vesting in three equal annual installments beginning March 10, 2021.
F3 On November 2, 2020, the reporting person was granted 6,000 restricted stock units, vesting in three equal annual installments beginning November 2, 2021.
F4 On March 18, 2021, the reporting person was granted 2,036 restricted stock units, vesting in three equal annual installments beginning March 18, 2022.
F5 On March 31, 2022, the reporting person was granted 2,731 restricted stock units, vesting in three equal annual installments beginning March 31, 2023.
F6 The vesting of Mr. Spitzer's restricted stock units accelerated per the terms of his Retricted Stock Unit Agreement.