Forestar Group Inc. 4
4 · Forestar Group Inc. · Filed Mar 20, 2017
Insider Transaction Report
Form 4
Quinley Michael J.
President
Transactions
- Tax Payment
Common Stock
2017-03-16$13.00/sh−4,597$59,761→ 40,369 total - Award
Common Stock
2017-03-16+13,783→ 44,966 total
Holdings
- 25,381
Stock Appreciation Right
Exercise: $9.29Exp: 2019-02-10→ Common Stock (25,381 underlying) - 7,817
Stock Appreciation Right
Exercise: $17.80Exp: 2020-02-09→ Common Stock (7,817 underlying) - 27,132
Restricted Share Units
→ Common Stock (13,566 underlying) - 14,837
Option (right to buy)
Exercise: $18.59Exp: 2021-02-08→ Common Stock (14,837 underlying) - 14,620
Option (right to buy)
Exercise: $18.70From: 2014-02-12Exp: 2023-02-12→ Common Stock (14,620 underlying) - 12,100
Restricted Share Units
→ Common Stock (12,100 underlying) - 6,659
Option (right to buy)
Exercise: $17.80Exp: 2020-02-09→ Common Stock (6,659 underlying) - 16,094
Option (right to buy)
Exercise: $16.11Exp: 2022-02-14→ Common Stock (16,094 underlying) - 18,377
Option (right to buy)
Exercise: $14.08From: 2016-02-10Exp: 2025-02-10→ Common Stock (18,377 underlying) - 18,526
Market Stock Units
Exp: 2018-02-10→ Common Stock (18,526 underlying) - 25,650
Option (right to buy)
Exercise: $13.43From: 2016-09-25Exp: 2025-09-25→ Common Stock (25,650 underlying)
Footnotes (9)
- [F1]Represents vesting of 2014 Performance Stock Units
- [F2]Options are fully vested and exercisable as of the date of this report.
- [F3]Vesting schedule for Options granted 02/12/2013 -Exercise price is $18.70: Options Exercisable 02/12/2014 - 3,655; Options Exercisable 02/12/2015 - 3,655; Options Exercisable 02/12/2016 - 3,655; and Options Exercisable 02/12/2017 - 3,655.
- [F4]Vesting schedule for Options granted 02/10/2015 - Exercise price is $14.08: Options Exercisable 02/10/2016 - 4,594; Options Exercisable 02/10/2017 - 4,594; Options Exercisable 02/10/2018 - 4,594; and Options Exercisable 02/10/2019 - 4,595.
- [F5]Vesting schedule for Options granted 09/25/2015 - Exercise price is $13.43, however, options will not be exercisable unless stock price exceeds $17.50 per share: Options Exercisable 09/25/2016 - 8,550; Options Exercisable 09/25/2017 - 8,550; Options Exercisable 09/25/2018 - 8,550.
- [F6]Stock Appreciation Rights (SARs) are fully vested and exercisable as of the date of this report.
- [F7]Restricted share units granted on 09/25/2015 will vest on 09/25/2018. Restricted share units will be settled for cash based on the fair market value on vesting date.
- [F8]Restricted share units granted on 02/09/2016 will vest as follows: 13,566 on 02/09/2017; 13,566 on 02/09/2018; 13,566 on 02/09/2019. Restricted share units will be settled with stock.
- [F9]Number of shares to be received upon vesting will vary depending upon performance of Company stock over the performance period.