Forestar Group Inc. 4
4 · Forestar Group Inc. · Filed Feb 16, 2017
Insider Transaction Report
Form 4
Powers William JR
Director
Transactions
- Award
Common Stock
2017-02-14+7,239→ 78,646 total
Holdings
- 34,279
Restricted Share Units
→ Common Stock - 20,000
Option (right to buy)
Exercise: $28.85From: 2009-02-12Exp: 2018-02-12→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]Restricted share units accrued under a Company Plan to be settled following Reporting Person's retirement. All restricted share units are vested except a portion of those granted on 02/14/2017 that will vest as follows: 1,448 on 05/9/2017; 1,448 on 08/08/2017; 1,448 on 11/14/2017.
- [F2]Vesting schedule for Options granted 02/12/2008 - Exercise price is $28.85: Options Exercisable 02/12/2009 - 6,500; Options Exercisable 02/12/2010 - 6,500; and Options Exercisable 02/12/2011 - 7,000.
- [F3]Restricted share units accrued under a Company plan to be settled in cash following Reporting Person's retirement. Restricted share units are vested on the date of grant and have the economic equivalent of one share of common stock.