Forestar Group Inc. 4
4 · Forestar Group Inc. · Filed Feb 16, 2017
Insider Transaction Report
Form 4
Smith Richard M
Director
Transactions
- Award
Common Stock
2017-02-14+7,818→ 79,652 total
Holdings
- 20,000
Option (right to buy)
Exercise: $28.85From: 2009-02-12Exp: 2018-02-12→ Common Stock (20,000 underlying) - 28,621
Restricted Share Units
→ Common Stock
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 Exerciserable 02/12/2009 - 6,500; Options Exerciserable 02/12/2010 - 6,500; and Options Exerciserable 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.