DANIEL C. BARTOK - 01 Dec 2023 Form 4 Insider Report for Forestar Group Inc. (FOR)

Signature
/s/ Ashley Dagley, Attorney-in-fact for Daniel C. Bartok
Issuer symbol
FOR
Transactions as of
01 Dec 2023
Net transactions value
-$664,338
Form type
4
Filing time
05 Dec 2023, 16:06:14 UTC
Previous filing
01 Dec 2023
Next filing
07 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOR Common Stock Sale $616,628 -19,816 -30% $31.12 47,006 01 Dec 2023 Direct F1
transaction FOR Common Stock Options Exercise $0 +1,517 +3.2% $0.000000 48,523 01 Dec 2023 Direct F2
transaction FOR Common Stock Tax liability $47,710 -1,517 -3.1% $31.45 47,006 01 Dec 2023 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 -1,517 -3.7% $0.000000 39,133 01 Dec 2023 Common Stock 1,517 Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The prices actually received ranged from $30.87 to $31.50. The reporting person has provided to the issuer and will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F2 Each restricted stock unit represents a contingent right to receive one share of FOR common stock upon vesting.
F3 These shares were surrendered to issuer to cover withholding tax obligations of the 40,650 restricted stock units awarded March 21, 2023.
F4 Represents common stock acquired by the vesting of a portion of the 40,650 restricted stock units awarded March 21, 2023 to cover withholding tax obligations.
F5 On March 21, 2023, the reporting person was granted 40,650 restricted stock units.