Donald J. Tomnitz - 10 Mar 2023 Form 4 Insider Report for Forestar Group Inc. (FOR)

Role
Executive Chairman, Director
Signature
/s/ Ashley Dagley, Attorney-in-fact for Donald J. Tomnitz
Issuer symbol
FOR
Transactions as of
10 Mar 2023
Net transactions value
-$27,551
Form type
4
Filing time
13 Mar 2023, 16:13:00 UTC
Previous filing
02 Dec 2022
Next filing
21 Mar 2023
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 $0 +8,880 +14% $0.000000 74,539 10 Mar 2023 Direct F1
transaction FOR Common Stock Tax liability $27,551 -1,954 -2.6% $14.10 72,585 10 Mar 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 -8,880 -100% $0.000000* 0 10 Mar 2023 Common Stock 8,880 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 10, 2023.
F3 On March 10, 2020, the reporting person was granted 30,000 restricted stock units, vesting in three annual installments beginning March 10, 2021.