X0303 4 2009-08-11 0 0001406587 Forestar Group Inc. FOR 0001126949 JOHNSON JAMES A /DC/ 6300 BEE CAVE ROAD BUILDING TWO, SUITE 500 AUSTIN TX 78746 1 0 0 0 Common Stock 11001 D Option (right to buy) 13.24 2001-02-04 2010-02-04 Common Stock 6666 6666 D Option (right to buy) 6.73 2001-02-04 2015-02-04 Common Stock 1333 1333 D Option (right to buy) 5.98 2002-01-02 2016-01-02 Common Stock 1333 1333 D Option (right to buy) 11.76 2002-02-02 2011-02-02 Common Stock 666 666 D Option (right to buy) 7.08 2003-01-02 2017-01-02 Common Stock 1333 1333 D Option (right to buy) 13.26 2003-02-01 2012-02-01 Common Stock 666 666 D Option (right to buy) 28.85 2009-02-12 2018-02-12 Common Stock 20000 20000 D Phantom 2007-11-02 2021-11-02 Common Stock 17343 17343 D Restricted Share Units 2009-08-11 4 A 0 1651 0.00 A Common Stock 13986 13986 D In accordance with the Rights Agreement adopted by the Company on December 11, 2007, Preferred Stock Purchase Rights are deemed to be attached to the shares of Common Stock. Options Vesting Schedule - Exercise price is $18.03: Options Exercisable 02/04/2004 - 6,666. Shares acquired in a pro rata distribution by Temple-Inland Inc. through a spin-off on or around December 28, 2007. Options Vesting Schedule - Exercise price is $9.28: Options Exercisable 02/04/2004 - 1,333. Options Vesting Schedule - Exercise price is $8.27: Options Exercisable 01/02/2005 - 1,333. Options Vesting Schedule - Exercise price is $16.04: Options Exercisable 02/02/2005 - 666. Options Vesting Schedule - Exercise price is $9.74: Options Exercisable 01/02/2006 - 1,333. Options Vesting Schedule - Exercise price is $18.05: Options Exercisable 02/01/2006 - 666. Options Vesting Schedule for Options Granted 02/12/2008 - Exercise price is $28.85: Options Exercisable 02/12/2009 - 6,500; Options Exercisable 02/12/2010 - 6,500; Options Exercisable 02/12/2011 - 7,000. Phantom shares accrued under a Temple-Inland Inc. plan being settled in 15 annual installments following Reporting Person's retirement from Temple-Inland Inc. in November 2007. The first installment was paid in November 2007. Restricted share units accrued under a Company plan to be settled in cash settled following Reporting Person's retirement or termination of services as a Director. Restricted share units are vested on the date of grant and have the economic equivalent of one share of common stock. David M. Grimm signing on behalf of James A. Johnson 2009-08-12