DANIEL C. BARTOK - 01 Dec 2021 Form 4 Insider Report for Forestar Group Inc. (FOR)

Signature
/s/ Daniel C. Bartok
Issuer symbol
FOR
Transactions as of
01 Dec 2021
Net transactions value
-$29,140
Form type
4
Filing time
03 Dec 2021, 10:04:47 UTC
Previous filing
18 Aug 2021
Next filing
02 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOR Common Stock Options Exercise $0 +208 +0.65% $0.000000 32,346 01 Dec 2021 Direct F1
transaction FOR Common Stock Options Exercise $0 +498 +1.5% $0.000000 32,636 01 Dec 2021 Direct F1
transaction FOR Common Stock Options Exercise $0 +783 +2.4% $0.000000 32,921 01 Dec 2021 Direct F1
transaction FOR Common Stock Tax liability $29,140 -1,489 -4.4% $19.57 32,138 01 Dec 2021 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 -208 -3.7% $0.000000 5,359 01 Dec 2021 Common Stock 208 Direct F1, F3, F4
transaction FOR Restricted Stock Unit Options Exercise $0 -498 -3.7% $0.000000 12,835 01 Dec 2021 Common Stock 498 Direct F1, F5, F6
transaction FOR Restricted Stock Unit Options Exercise $0 -783 -3.7% $0.000000 20,208 01 Dec 2021 Common Stock 783 Direct F1, F7, F8
* 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 16,700 restricted stock units awarded May 6, 2019, the 20,000 restricted stock units awarded March 10, 2020 and the 20,991 restricted stock units awarded March 18, 2021.
F3 Represents common stock acquired by the vesting of a portion of the 16,700 restricted stock units awarded May 6, 2019 to cover withholding tax obligations.
F4 On May 6, 2019, the reporting person was granted 16,700 restricted stock units.
F5 Represents common stock acquired by the vesting of a portion of the 20,000 restricted stock units awarded March 10, 2020 to cover withholding tax obligations.
F6 On March 10, 2020, the reporting person was granted 20,000 restricted stock units.
F7 Represents common stock acquired by the vesting of a portion of the 20,991 restricted stock units awarded March 18, 2021 to cover withholding tax obligations.
F8 On March 18, 2021, the reporting person was granted 20,991 restricted stock units.