Filing Details

Accession Number:
0001217462-17-000008
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-09-14 21:46:36
Reporting Period:
2017-06-12
Accepted Time:
2017-09-14 21:46:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1647509 Forest City Realty Trust Inc. FCEA () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1217462 J Brian Ratner 50 Public Square, Suite 1100
Cleveland OH 44113
Executive Vice President Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2017-09-12 40,200 $0.00 1,132,368 No 5 G Indirect See footnote
Class A Common Stock Disposition 2017-09-12 8,722 $25.82 1,123,646 No 4 S Indirect See footnote
Class A Common Stock Disposition 2017-09-13 8,262 $25.54 1,115,384 No 4 S Indirect See footnote
Class A Common Stock Disposition 2017-09-14 9,747 $25.48 1,105,637 No 4 S Indirect See footnote
Class A Common Stock Disposition 2017-09-12 14,018 $25.82 762,455 No 4 S Indirect See footnote
Class A Common Stock Disposition 2017-09-13 13,276 $25.54 749,179 No 4 S Indirect See footnote
Class A Common Stock Disposition 2017-09-14 14,380 $25.48 734,799 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 563,258 Indirect See footnote
Class A Common Stock 137,282 Indirect See footnote
Class A Common Stock 4,004 Direct
Class A Common Stock 3,138 Direct
Class A Common Stock 5,480 Direct
Class A Common Stock 7,218 Direct
Class A Common Stock 1,179 Direct
Class A Common Stock 2,069 Indirect See footnote
Class A Common Stock 295,466 Indirect See footnote
Class A Common Stock 46,161 Indirect See footnote
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common 2008 Stock Option Grant (right to buy) $36.38 2010-06-18 2018-06-18 9,492 9,492 Direct
Class A Common 2009 Stock Option Grant (right to buy) $7.80 2011-04-21 2019-04-21 4,746 4,746 Direct
Class A Common 2010 Stock Option Grant (right to buy) $15.89 2012-04-14 2020-04-14 7,913 7,913 Direct
Class A Common 2011 Stock Option Grant (right to buy) $17.72 2013-04-13 2021-04-13 9,041 9,041 Direct
Class A Common 2014 Performance Shares $0.00 2017-12-31 1988-08-08 8,008 8,008 Direct
Class A Common 2015 Performance Shares $0.00 2017-12-31 1988-08-08 6,275 6,275 Direct
Class A Common 2016 Performance Shares $0.00 2018-12-31 1988-08-08 7,306 7,306 Direct
Class A Common 2017 Performance Shares $0.00 2019-12-31 1988-08-08 7,218 7,218 Direct
Class A Common 2015 Out Performance Shares $0.00 2017-12-31 1988-08-08 14,000 14,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2018-06-18 9,492 9,492 Direct
2019-04-21 4,746 4,746 Direct
2020-04-14 7,913 7,913 Direct
2021-04-13 9,041 9,041 Direct
1988-08-08 8,008 8,008 Direct
1988-08-08 6,275 6,275 Direct
1988-08-08 7,306 7,306 Direct
1988-08-08 7,218 7,218 Direct
1988-08-08 14,000 14,000 Direct
Footnotes
  1. Brian Ratner Revocable Trust dated 8/18/1986. On 9/12/2017, 9/13/2017 and 9/14/2017, the Trust sold 8,722, 8,262 and 9,747 shares of Class A Common Stock, respectively. 9/12/2017 - The price of $25.8246 represents a weighted average of sales prices ranging from $25.61 per share to $26.14 per share. 9/13/2017 - The price of $25.5442 represents a weighted average of sales prices ranging from $25.40 per share to $25.77 per share. 9/14/2017 - The price of $25.4847 represents a weighted average of sales prices ranging from $25.38 per share to $25.62 per share. Full information regarding the number of shares sold at each separate price will be provided to the SEC, the issuer or a security holder of the issuer upon request. Post-transactions, Trust holds 1,105,637 shares of Class A Common Stock as follows: 364,600 shares held as a direct limited partner of RMS, Ltd.; and 741,037 directly.
  2. Albert B. Ratner 1989 Grandchildren's Trust. On 9/12/2017, 9/13/2017 and 9/14/2017, the Trust sold 14,018, 13,276 and 14,380 shares of Class A Common Stock, respectively. The prices of $25.8246, $25.5442 and $25.4847 represent weighted average of sales prices ranging from $25.61 to $26.14 per share, $25.40 to $25.77 per share and $25.38 to $25.62 per share, respectively. Full information regarding the number of shares sold at each separate price will be provided to the SEC, the issuer or a security holder of the issuer upon request. Post-transactions, the Trust holds 734,799 shares of Class A Common Stock as follows: 150,000 shares as a direct limited partner of RMS, Ltd. fbo of David Ratner (son); 270,564 directly fbo David; 150,000 shares held as a direct limited partner of RMS, Ltd. fbo Emily Ratner (daughter); and 164,235 directly fbo Emily. Brian Ratner disclaims any beneficial interest.
  3. Albert B. Ratner 1986 Remainder Interest Trust (Brian Ratner serves as Trust Advisor). Trust holds 563,258 shares of Class A Common Stock as follows: - 281,629 shares for the benefit of David Ratner (son); and 281,629 shares for the benefit of Emily Ratner (daughter). Brian Ratner disclaims any beneficial interest.
  4. Emily F. Ratner (daughter) Revocable Trust, Trustee (Brian Ratner serves as trust advisor). Trust holds 137,282 shares of Class A Common Stock directly.
  5. 2014 Restricted Stock Grant - 0% vested on 3/28/2015; 25% vested on 3/28/2016; 25% vested on 3/28/2017; and 50% vest on 3/28/2018.
  6. 2015 Restricted Stock Grant - 25% vested on 3/26/2016; 25% vested on 3/26/2017; and 50% vest on 3/26/2018.
  7. 2016 Restricted Stock Grant - 25% vested on 3/23/2017; 25% vest on 3/23/2018; and 50% vest on 3/23/2019.
  8. 2017 Restricted Stock Grant - 25% vest on 3/24/2018; 25% vest on 3/24/2019; and 50% vest on 3/24/2020.
  9. General Partnership interest in RMS, Ltd Partnership.
  10. David Ratner (son) Trust (Brian Ratner serves as Trust Advisor). Trust holds 2,069 shares of Class A Common Stock directly. Brian Ratner disclaims any beneficial interest.
  11. Albert B. Ratner 1999 Revocable Trust (Brian Ratner serves as Trustee). Trust holds 295,466 shares of Class A Common Stock as follows: 154,286 shares directly for the benefit of Emily Ratner (Daughter); 141,180 shares directly for the benefit of David Ratner (Son). Brian Ratner disclaims any beneficial interest.
  12. Albert Ratner 1986 Grandchildren's Trust fbo David (son). Trust holds 46,162 shares of Class A Common Stock directly. Brian Ratner disclaims any beneficial interest.
  13. 2008 Stock Option Grant - 25% exercisable 6/18/2010; 25% exercisable 6/18/2011; and 50% exercisable 6/18/2012.
  14. 2009 Stock Option Grant - 25% exercisable 4/21/2011; 25% exercisable 4/21/2012; and 50% exercisable 4/21/2013.
  15. 2010 Stock Option Grant - 25% exercisable 4/14/2012; 25% exercisable 4/14/2013; and 50% exercisable 4/14/2014.
  16. 2011 Stock Option Grant - 25% exercisable 4/13/2013; 25% exercisable 4/13/2014; and 50% exercisable 4/13/2015.
  17. Performance Shares Award - granted 3/28/2014 - performance period is from January 1, 2014 to December 31, 2017. Awards will be available to the grantee at the end of the performance period provided that certain performance criteria are met. The actual number of shares earned could range from 0 to 200% of the number of Performance Shares granted. Fair market value on date of grant is $18.73 per share. There is no fixed expiration date.
  18. Performance Shares Award - granted 3/26/2015 - performance period is from January 1, 2015 to December 31, 2017. Awards will be available to the grantee at the end of the performance period provided that certain performance criteria are met. The actual number of shares earned could range from 0 to 200% of the number of Performance Shares granted. Fair market value on date of grant is $24.62 per share. There is no fixed expiration date.
  19. Performance Shares Award - granted 3/23/2016 - performance period is from January 1, 2016 to December 31, 2018. Awards will be available to the grantee at the end of the performance period provided that certain performance criteria are met. The actual number of shares earned could range from 0 to 200% of the number of Performance Shares granted. Fair market value on date of grant is $20.94 per share. There is no fixed expiration date.
  20. Performance Shares Award - granted 3/24/2017 - performance period is from January 1, 2017 to December 31, 2019. Awards will be available to the grantee at the end of the performance period provided that certain performance criteria are met. The actual number of shares earned could range from 0 to 200% of the number of Performance Shares granted. Fair market value on date of grant is $21.83 per share. There is no fixed expiration date.
  21. Out Performance Shares Award - granted 3/27/2015 - performance period is from January 1, 2015 to December 31, 2017. Awards will be available to the grantee at the end of the performance period provided that certain performance criteria are met. The actual number of shares earned could range from 0 to 300% of the number of Performance Shares granted. Fair market value on date of grant is $25.31 per share. There is no fixed expiration date.