DANIEL C. BARTOK - 10 Mar 2022 Form 4 Insider Report for Forestar Group Inc. (FOR)

Signature
/s/ Daniel C. Bartok
Issuer symbol
FOR
Transactions as of
10 Mar 2022
Net transactions value
-$26,391
Form type
4
Filing time
14 Mar 2022, 14:03:57 UTC
Previous filing
23 Feb 2022
Next filing
21 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOR Common Stock Options Exercise $0 +6,666 +19% $0.000000 41,804 10 Mar 2022 Direct F1
transaction FOR Common Stock Tax liability $26,391 -1,467 -3.5% $17.99 40,337 10 Mar 2022 Direct F3

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 -6,666 -52% $0.000000 6,169 10 Mar 2022 Common Stock 6,666 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit converts into one share of FOR common stock upon vesting.
F2 On March 10, 2020, the reporting person was granted 20,000 restricted stock units, vesting in three annual installments beginning March 10, 2021.
F3 These shares are surrendered to issuer to cover withholding tax obligations of the shares vested on March 10, 2022.