X0303 4 2010-02-09 0 0001406587 Forestar Group Inc. FOR 0000940226 CURRIE WILLIAM G 6300 BEE CAVE ROAD SUITE 500 AUSTIN TX 78746 1 0 0 0 Common Stock 8209 D Option (right to buy) 28.85 2009-02-12 2018-02-12 Common Stock 20000 20000 D Restricted Share Units 2010-02-09 4 A 0 5266 0.00 A Common Stock 5266 19489 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 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. Restricted share units accrued under a Company plan to be settled in cash following Reporting Person's retirement. 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 William G. Currie 2010-02-11