Mark Stephen Walker - May 6, 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
Stock symbol
FOR
Transactions as of
May 6, 2023
Transactions value $
-$9,913
Form type
4
Date filed
5/8/2023, 05:06 PM
Previous filing
Apr 3, 2023
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOR Common Stock Options Exercise $0 +1.12K +18.5% $0.00 7.17K May 6, 2023 Direct F1
transaction FOR Common Stock Tax liability -$9.91K -506 -7.05% $19.59 6.67K May 6, 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 -1.12K -50% $0.00 1.12K May 6, 2023 Common Stock 1.12K 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.