Filing Details

Accession Number:
0001217466-17-000008
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-09-14 21:50:37
Reporting Period:
2017-09-12
Accepted Time:
2017-09-14 21:50:37
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
1217466 Deborah Ratnersalzberg 301 Water St Se Suite 201
Washington DC 20003
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 19,200 $0.00 1,517,474 No 5 G Indirect See footnote
Class A Common Stock Disposition 2017-09-12 10,591 $25.82 1,506,883 No 4 S Indirect See footnote
Class A Common Stock Disposition 2017-09-13 10,031 $25.48 1,496,852 No 4 S Indirect See footnote
Class A Common Stock Disposition 2017-09-14 10,865 $25.48 1,485,987 No 4 S Indirect See footnote
Class A Common Stock Disposition 2017-09-12 14,018 $25.82 471,773 No 4 S Indirect See footnote
Class A Common Stock Disposition 2017-09-13 13,276 $25.54 458,497 No 4 S Indirect See footnote
Class A Common Stock Disposition 2017-09-14 14,380 $25.48 444,117 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 52,026 Indirect See footnote
Class A Common Stock 563,256 Indirect See footnote
Class A Common Stock 198,604 Indirect See footnote
Class A Common Stock 83,845 Indirect See footnote
Class A Common Stock 682,642 Indirect See footnote
Class A Common Stock 3,315 Direct
Class A Common Stock 2,876 Direct
Class A Common Stock 5,252 Direct
Class A Common Stock 6,918 Direct
Class A Common Stock 1,179 Direct
Class A Common Stock 6,602 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 9,599 9,599 Direct
Class A Common 2009 Stock Option Grant (right to buy) $7.80 2011-04-21 2019-04-21 4,800 4,800 Direct
Class A Common 2010 Stock Option Grant (right to buy) $15.89 2012-04-14 2020-04-14 8,002 8,002 Direct
Class A Common 2011 Stock Option Grant (right to buy) $17.72 2013-04-13 2021-04-13 9,146 9,146 Direct
Class A Common 2014 Performance Shares $0.00 2017-12-31 1988-08-08 6,629 6,629 Direct
Class A Common 2015 Performance Shares $0.00 2017-12-31 1988-08-08 5,752 5,752 Direct
Class A Common 2016 Performance Shares $0.00 2018-12-31 1988-08-08 7,002 7,002 Direct
Class A Common 2017 Performance Shares $0.00 2019-12-31 1988-08-08 6,918 6,918 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 9,599 9,599 Direct
2019-04-21 4,800 4,800 Direct
2020-04-14 8,002 8,002 Direct
2021-04-13 9,146 9,146 Direct
1988-08-08 6,629 6,629 Direct
1988-08-08 5,752 5,752 Direct
1988-08-08 7,002 7,002 Direct
1988-08-08 6,918 6,918 Direct
1988-08-08 14,000 14,000 Direct
Footnotes
  1. U/A Deborah Ratner-Salzberg Trust dated 2/09/1987. On 9/12/2017, 9/13/2017 and 9/14/2017, the Trust sold 10,591, 10,031 and 10,865 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 1,485,987 shares of Class A Common Stock as follows: 364,600 shares held as a direct limited partner of RMS, Ltd.; and 1,121,387 directly.
  2. Michael Salzberg (spouse) shares held directly in street accounts. Michael holds 56,026 shares of Class A Common Stock directly.
  3. 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 444,117 shares of Class A Common Stock as follows: 165,209 shares directly fbo Anna Salzberg (daughter); and 278,908 directly fbo Eric Salzberg (son). Deborah Ratner Salzberg disclaims any beneficial interest.
  4. Albert Ratner Remainder Interest Trust. Trust holds 563,256 shares of Class A Common Stock as follows: 281,628 shares directly for the benefit of Anna Salzberg (daughter); 125,000 as a limited partnership interest within RMS, Ltd. For the benefit of Anna; 281,628 shares directly for the benefit of Eric (son); and 125,000 as a limited partnership interest within RMS, Ltd. for the benefit of Eric. Deborah Ratner-Salzberg disclaims any beneficial interest.
  5. Albert B. Ratner 1986 Grandchildren's Trust - for the benefit of Anna Salzberg (daughter). Trust holds 198,604 shares of Class A Common Stock directly.
  6. Albert B. Ratner 1987 Family Trust - for the benefit of Eric Salzberg (son). Trust holds 83,845 shares of Class A Common Stock directly.
  7. Albert B. Ratner 1999 Revocable Trust (Deborah Ratner serves as an advisor). Trust holds, 682,642 shares of Class A Common Stock as follows: 150,000 shares as a limited partnership interest in RMS, Ltd. for the benefit of Anna Salzberg (daughter); 194,625 shares directly for the benefit of Anna; 150,000 shares as a limited partnership interest in RMS, Ltd. for the benefit of Eric Salzberg (son); 188,017 shares directly for the benefit of Eric. Deborah Ratner-Salzberg disclaims any beneficial interest.
  8. 2014 Restricted Stock Grant - 0% vest on 3/28/2015; 25% vest on 3/28/2016; 25% vest on 3/28/2017; and 50% vest on 3/28/2018.
  9. 2015 Restricted Stock Grant - 25% vest on 3/26/2016; 25% vest on 3/26/2017; and 50% vest on 3/26/2018.
  10. 2016 Restricted Stock Grant - 25% vest on 3/23/2017; 25% vest on 3/23/2018; and 50% vest on 3/23/2019.
  11. 2017 Restricted Stock Grant - 25% vest on 3/24/2018; 25% vest on 3/24/2019; and 50% vest on 3/24/2020.
  12. General Partnership interest in RMS, Ltd., an Ohio limited partnership.
  13. Anna Salzberg (daughter), shares are held in street account at Stifel Nicolaus & Co., Inc. Anna holds 6,602 shares of Class A Common Stock directly. Deborah Ratner-Salzberg disclaims any beneficial interest.
  14. 2008 Stock Option Grant - 25% exercisable 6/18/2010; 25% exercisable 6/18/2011; and 50% exercisable 6/18/2012. 2009 Stock Option Grant - 25% exercisable 4/21/2011; 25% exercisable 4/21/2012; and 50% exercisable 4/21/2013. 2010 Stock Option Grant - 25% exercisable 4/14/2012; 25% exercisable 4/14/2013; and 50% exercisable 4/14/2014. 2011 Stock Option Grant - 25% exercisable 4/13/2013; 25% exercisable 4/13/2014; and 50% exercisable 4/13/2015.
  15. 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.
  16. 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.
  17. 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.
  18. 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.
  19. 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.