0001209191-17-056410.txt : 20171010 0001209191-17-056410.hdr.sgml : 20171009 20171010154320 ACCESSION NUMBER: 0001209191-17-056410 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171005 FILED AS OF DATE: 20171010 DATE AS OF CHANGE: 20171010 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Squires Richard D. CENTRAL INDEX KEY: 0001627260 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33662 FILM NUMBER: 171130415 MAIL ADDRESS: STREET 1: 3889 MAPLE AVENUE STREET 2: SUITE 1525 CITY: DALLAS STATE: TX ZIP: 75219 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Forestar Group Inc. CENTRAL INDEX KEY: 0001406587 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 261336998 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6300 BEE CAVE ROAD STREET 2: BUILDING TWO, SUITE 500 CITY: AUSTIN STATE: TX ZIP: 78746 BUSINESS PHONE: 512-433-5200 MAIL ADDRESS: STREET 1: 6300 BEE CAVE ROAD STREET 2: BUILDING TWO, SUITE 500 CITY: AUSTIN STATE: TX ZIP: 78746 FORMER COMPANY: FORMER CONFORMED NAME: Forestar Real Estate Group Inc. DATE OF NAME CHANGE: 20071101 FORMER COMPANY: FORMER CONFORMED NAME: Forestar Real Estate Group LLC DATE OF NAME CHANGE: 20070713 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-10-05 1 0001406587 Forestar Group Inc. FOR 0001627260 Squires Richard D. 6300 BEE CAVE ROAD BUILDING TWO, SUITE 500 AUSTIN TX 78746 1 0 0 0 Common Stock 2017-10-05 4 D 0 29810 D 0 D Common Stock 2017-10-05 4 A 0 548 A 548 D Option (right to buy) 8.60 2017-10-05 4 D 0 20000 D 2017-02-09 2026-02-09 Common Stock 20000 0 D Includes 5,000 shares of Forestar Group Inc. (the "Issuer") common stock ("Common Stock") and 24,810 Issuer restricted share units. These restricted share units would otherwise have been settled in Common Stock, on a one-for-one basis, upon the Reporting Person's retirement. Upon the closing of the merger (the "Merger") pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of June 29, 2017, by and among D.R. Horton, Inc., Force Merger Sub, Inc. and the Issuer, (a) each outstanding share of Common Stock was cancelled and converted into the right to receive either (i) a cash payment of $17.75 per share (the "Cash Consideration") or (ii) one new share of Common Stock, at the election of the holder and subject to proration. Due to proration, each holder of Common Stock who elected Cash Consideration received the Cash Consideration for 89.030037% of the shares subject to such election (rounded to the nearest whole number) and one new share of Common Stock for each of the remaining shares of Common Stock subject to such election. The Reporting Person elected to receive Cash Consideration in the Merger, which was subject to proration as described in footnote 2. Pursuant to the Merger Agreement, upon the effectiveness of the Merger, each outstanding Issuer restricted share unit was cancelled and converted into the right to receive an amount of cash equal to the Cash Consideration, and each Issuer option to purchase Common Stock was cancelled and converted into the right to receive an amount of cash equal to the excess, if any, of the Cash Consideration over the exercise price of such option. Matthew S. Stark signing on behalf of Richard D. Squires 2017-10-10