Smith Richard M 4
4 · Forestar Group Inc. · Filed Aug 8, 2017
Insider Transaction Report
Form 4
Smith Richard M
Director
Transactions
- Award
Common Stock
2017-08-07+1,565→ 79,810 total - Exercise/Conversion
Common Stock
2017-08-07+1,448→ 81,258 total - Exercise/Conversion
Restricted Share Units
2017-08-07−1,448→ 1,448 total→ Common Stock (1,448 underlying)
Holdings
- 28,621
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 (5)
- [F1]Restricted share units accrued under a Company plan to be settled following Reporting Person's retirement.
- [F2]Restricted share units vested 08/07/2017.
- [F3]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.
- [F4]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.
- [F5]Restricted share units granted on 02/14/2017 will vest as follows: 1,447 on 02/14/2017; 1,448 on 05/09/2017; 1,448 on 08/08/2017; 1,448 on 11/14/2017. Restricted share units will be settled with stock.