X0202 4 2006-06-15 0000038067 FOREST CITY ENTERPRISES INC FCEA/FCEB 0001185192 ESPOSITO MICHAEL P JR 1221 AVENUE OF THE AMERICAS NEW YORK NY 10020-1001 1 0 0 0 Class A Common 2006-06-15 4 A 0 4.037 45.09 A 3037.977 D Class A Common 2006-06-15 4 A 0 1.421 46.30 A 1097.914 D Class A Common Stock 83400 D Class A Common Stock 24900 D 2003 Stock Option Grant (right to buy) 15.50 2005-03-17 2013-03-17 Class A Common 16200 10800 D 2005 Stock Option Grant (right to buy) 31.75 2007-04-06 2015-04-06 Class A Common 10800 10800 D 2006 Stock Option Grant (right to buy) 46.37 2008-04-04 2016-04-04 Class A Common 10800 10800 D Phantom Stock 0 2006-06-15 4 A 0 7.848 46.00 A 1988-08-08 1988-08-08 Class A Common 5997.419 6005.267 D Phantom Stock 0 2006-06-15 4 A 0 109.051 46.00 A 1988-08-08 1988-08-08 Class A Common 6005.267 6114.318 D Held in a Dividend Reinvestment Account (DRIP). Shares which were aquired under the Forest City Enterprises, Inc. Employee Stock Purchase Plan. Held Direct - in Mr. Esposito's name in an account at Smith Barney, Paramus, NJ. Held in an account at Smith Barney - Sarasota, FL. 2003 Stock Option Grant - 25% exercisable on 3/17/2005; 25% exercisable 3/17/2006; and 50% exercisable 3/17/2007. 2005 Stock Option Grant - 25% exercisable on 4/06/2007; 25% exercisable on 4/06/2008; and 50% exersicable on 4/06/2009. 2006 Stock Option Grant - 25% exercisable on 4/04/2008; 25% exercisable on 4/04/2009; and 50% exersicable on 4/04/2010. Exercisable at retirement, termination, death or disability. No present expiration date Phantom Stock - 1-for-1 - Deferred compensation plan contributions. Contributing $5,000 after each board of director's meeting; updated to reflect current holdings. Geralyn M. Presti, Attorney-In-Fact for Michael P. Esposito, Jr. 2006-06-19