| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
FOREST CITY ENTERPRISES INC [ FCEA/FCEB ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
|
3. Date of Earliest Transaction
(Month/Day/Year) 03/28/2014 | ||||||||||||||||||||||||||
|
4. If Amendment, Date of Original Filed
(Month/Day/Year) 04/01/2014 |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Class A Common Stock | 1,411 | D(1) | ||||||||
| Class A Common Stock | 2,840 | D(2) | ||||||||
| Class A Common Stock | 03/28/2014 | A | 2,936 | A | $0 | 2,936 | D(3) | |||
| Class A Common Stock | 42,185 | D(4) | ||||||||
|
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| 2005 Stock Option Grant (right to buy) | $31.75 | 04/06/2007(5) | 04/06/2015 | Class A Common | 10,800 | 10,800 | D(5) | ||||||||
| 2006 Stock Option Grant (right to buy) | $46.37 | 04/04/2008(6) | 04/04/2016 | Class A Common | 10,800 | 10,800 | D(6) | ||||||||
| 2007 Stock Option Grant (right to buy) | $65.35 | 03/29/2009(7) | 03/29/2017 | Class A Common | 10,800 | 10,800 | D(7) | ||||||||
| 2008 Stock Option Grant (right to buy) | $37.68 | 04/07/2009(8) | 04/07/2018 | Class A Common | 5,319 | 5,319 | D(8) | ||||||||
| 2010 Stock Option Grant (right to buy) | $15.89 | 04/14/2011(9) | 04/14/2020 | Class A Common | 2,001 | 2,001 | D(9) | ||||||||
| 2011 Stock Option Grant (right to buy) | $17.72 | 04/13/2012(10) | 04/13/2021 | Class A Common | 2,231 | 2,231 | D(10) | ||||||||
| 2012 Stock Option Grant (right to buy) | $14.74 | 04/11/2013(11) | 04/11/2022 | Class A Common | 10,825 | 10,825 | D(11) | ||||||||
| 2013 Stock Option Grant (right to buy) | $17.6 | 04/08/2014(12) | 04/08/2023 | Class A Common | 4,557 | 4,557 | D(12) | ||||||||
| 2014 Stock Option Grant (right to buy) | $18.73 | 03/28/2014 | A | 4,743 | 03/28/2015(13) | 03/28/2024 | Class A Common | 4,743 | $0 | 4,743 | D(13) | ||||
| Phantom Stock Dividend Equivalent Rights | $0(16) | 08/08/1988(14) | 08/08/1988(15) | Class A Common | 12,381.56 | 12,381.56(16) | D | ||||||||
| Explanation of Responses: |
| 1. 2011 Restricted Stock Grant - 33.33% vest on 4/13/2012; 33.33% vest on 4/13/2013; and 33.33% vest on 4/13/2014. |
| 2. 2013 Restricted Stock Grant - 33.33% vest on 4/08/2014; 33.33% vest on 4/08/2015; and 33.33% vest on 4/08/2016. |
| 3. 2014 Restricted Stock Grant - 100% vest on 3/28/2015. |
| 4. Shares held direct in street account. |
| 5. 2005 Stock Option Grant - 25% exercisable 4/06/2007; 25% exercisable 4/06/2008; and 50% exersicable 4/06/2009. |
| 6. 2006 Stock Option Grant - 25% exercisable 4/04/2008; 25% exercisable 4/04/2009; and 50% exersicable 4/04/2010. |
| 7. 2007 Stock Option Grant - 25% exercisable 3/29/2009; 25% exercisable 3/29/2010; and 50% exercisable 3/29/2011. |
| 8. 2008 Stock Option Grant - 33.33% exercisable 4/07/2009; 33.33% exercisable 4/07/2010; and 33.33% exercisable 4/07/2011. |
| 9. 2010 Stock Option Grant - 33.33% exercisable 4/14/2011; 33.33% exercisable 4/14/2012; and 33.33% exercisable 4/14/2013. |
| 10. 2011 Stock Option Grant - 33.33% exercisable 4/13/2012; 33.33% exercisable 4/13/2013; and 33.33% exercisable 4/13/2014. |
| 11. 2012 Stock Option Grant - 33.33% exercisable 4/11/2013; 33.33% exercisable 4/11/2014; and 33.33% exercisable 4/11/2015. |
| 12. 2013 Stock Option Grant - 33.33% exercisable 4/08/2014; 33.33% exercisable 4/08/2015; and 33.33% exercisable 4/08/2016. |
| 13. 2014 Stock Option Grant - 100% exercisable 3/28/2015. |
| 14. Exercisable at retirement, termination, death or disability. |
| 15. No present expiration date. |
| 16. Phantom Stock - 1-for-1 - Deferred compensation plan contributions. Plan requires participants to make a annual defined election. Mr. Ross is currently not contributing to the Plan. |
| Remarks: |
| Amended filing to correct the vesting schedule of the 3/28/2014 equity grants. |
| Geralyn M. Presti, Attorney-In-Fact for Stan Ross | 04/01/2014 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||