Donald J. Tomnitz - Mar 31, 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
Stock symbol
FOR
Transactions as of
Mar 31, 2023
Transactions value $
-$38,558
Form type
4
Date filed
4/3/2023, 04:12 PM
Previous filing
Mar 23, 2023
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOR Common Stock Options Exercise $0 +11.3K +14.43% $0.00 89.3K Mar 31, 2023 Direct F1
transaction FOR Common Stock Tax liability -$38.6K -2.48K -2.77% $15.56 86.8K Mar 31, 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 -11.3K -34.62% $0.00 21.3K Mar 31, 2023 Common Stock 11.3K 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 31, 2023.
F3 On March 31, 2022, the reporting person was granted 33,784 restricted stock units, vesting in three annual installments beginning March 31, 2023.