Mark Stephen Walker - 06 May 2023 Form 4 Insider Report for Forestar Group Inc. (FOR)

Role
Chief Operating Officer
Signature
/s/ Ashley Dagley, Attorney-in-fact for Mark Stephen Walker
Issuer symbol
FOR
Transactions as of
06 May 2023
Net transactions value
-$9,913
Form type
4
Filing time
08 May 2023, 17:06:16 UTC
Previous filing
03 Apr 2023
Next filing
12 Mar 2024
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 +1,120 +19% $0.000000 7,174 06 May 2023 Direct F1
transaction FOR Common Stock Tax liability $9,913 -506 -7.1% $19.59 6,668 06 May 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 -1,120 -50% $0.000000 1,120 06 May 2023 Common Stock 1,120 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 May 6, 2023.
F3 On May 6, 2019, the reporting person was granted 5,600 restricted stock units, vesting in five annual installments beginning May 6, 2020.