X0202 4 2005-03-17 0000038067 FOREST CITY ENTERPRISES INC FCEA/FCEB 0001217455 OBRIEN ROBERT G 50 PUBLIC SQUARE, SUITE 1100 CLEVELAND OH 44113 0 1 0 0 CEO, Forest City Finance Corp Class A Common Stock 2005-03-17 5 J 0 6380 0 A 42193 D Class A common Stock 18750 D Class A common Stock 2005-03-17 5 J 0 6380 0 D 31120 D Class A common Stock 2005-03-17 4 S 0 2995 65.26 D 28125 D Class A Common Stock 240 I See footnote Class A Common Stock 320 I See footnote Class A Common Stock 400 I See footnote 1998 Stock Option Grant (right to buy) 19.00 2000-03-18 2008-03-18 Class A Common 8000 8000 D 1999 Stock Option Grant (right to buy) 14.92 2001-04-08 2009-04-08 Class A Common 15703 15703 D 2001 Stock Option Grant (right to buy) 28.53 2003-03-08 2011-03-08 Class A Common 21600 21600 D 2003 Stock Option Grant (right to buy) 31.00 2003-03-17 2013-03-17 Class A Common 21600 21600 D Shares in personal brokerage account at Charles Schwab. 2001 Restricted Stock Option Grant - Original Grant was 37,500 - 25% exercisable 4/23/03; 25% exercisable on 4/23/04; and 50% exercisable on 4/23/05. (9,375 shares vested 4/23/03; 9,374 shares vested 4/23/04 were moved to Charles Schwab account) 2003 Restricted Stock Option Grant - Original Grant was 37,500 - 25% exercisable 3/17/05; 25% exercisable on 3/17/06; and 50% exercisable on 3/17/07. (9,375 shares vested 3/17/05 of those shares 2,995 were sold back to Forest City Enterprises, Inc. the remaining 6,380 were moved to Charles Schwab account). Shares held by Kathleen O'Brien, daughter. Shares held by Sara Fjorda O'Brien, daughter. Shares held by Robert L. O'Brien, son. 1998 Stock Option Grant - 25% exercisable on 3/18/00, 33% exercisable on 3/18/01, 42% exercisable on 3/18/02. 1999 Stock Option Grant - 25% exercisable on 4/08/01, 25% exercisable on 4/08/02, 50% exercisable on 4/08/03. 2001 Stock Option Grant - 25% exercisable on 3/08/03, 25% exercisable on 3/08/04, 50% exercisable on 3/08/05. 2003 Stock Option Grant - 25% exercisable 3/17/05; 25% exercisable on 3/17/06; and 50% exercisable on 3/17/07. Geralyn M. Presti. Attorney-in-Fact for Robert G. O'Brien 2005-03-21