Donald J. Tomnitz - Dec 1, 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
Dec 1, 2023
Transactions value $
-$47,710
Form type
4
Date filed
12/5/2023, 04:07 PM
Previous filing
Apr 3, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOR Common Stock Options Exercise $0 +1.52K +1.75% $0.00 88.3K Dec 1, 2023 Direct F1
transaction FOR Common Stock Tax liability -$47.7K -1.52K -1.72% $31.45 86.8K Dec 1, 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 -1.52K -3.73% $0.00 39.1K Dec 1, 2023 Common Stock 1.52K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of FOR common stock upon vesting.
F2 These shares were surrendered to issuer to cover withholding tax obligations of the 40,650 restricted stock units awarded March 21, 2023.
F3 Represents common stock acquired by the vesting of a portion of the 40,650 restricted stock units awarded March 21, 2023 to cover withholding tax obligations.
F4 On March 21, 2023, the reporting person was granted 40,650 restricted stock units.