Filing Details
- Accession Number:
- 0001217462-18-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-02-01 11:21:26
- Reporting Period:
- 2018-01-31
- Accepted Time:
- 2018-02-01 11:21:26
- 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 | 2018-01-31 | 14,500 | $24.15 | 1,047,637 | No | 4 | S | Indirect | See footnote |
| Class A Common Stock | Disposition | 2018-01-31 | 22,500 | $24.15 | 644,799 | No | 4 | S | Indirect | See footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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
- Brian Ratner Revocable Trust dated 8/18/1986. On 1/31/2018, the Trust sold 14,500 shares of Class A Common Stock, pursuant to a Rule 10b5-1 Sales Plan, adopted on 09/12/2017. The price of $24.15 represents weighted average of sales prices ranging from $24.00 to $24.66 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-transaction, the Trust holds 1,047,637 shares of Class A Common Stock as follows: 364,600 shares held as a direct limited partner of RMS, Ltd.; and 683,037 directly.
- Albert B. Ratner 1989 Grandchildren's Trust. On 1/31/2018, the Trust sold 22,500 shares of Class A Common Stock, pursuant to a Rule 10b5-1 Sales Plan, adopted on 09/12/17. The price of $24.15 represents weighted average of sales prices ranging from $24.00 to $24.66 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-transaction, the Trust holds 644,799 shares of Class A Common Stock as follows: 150,000 shares as a direct limited partner of RMS, Ltd. fbo of David Ratner (son); 225,564 directly fbo David; 150,000 shares held as a direct limited partner of RMS, Ltd. fbo Emily Ratner (daughter); and 119, 235 directly fbo Emily. Brian Ratner disclaims any beneficial interest.
- 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.
- Emily F. Ratner (daughter) Revocable Trust, Trustee (Brian Ratner serves as trust advisor). Trust holds 137,282 shares of Class A Common Stock directly.
- 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.
- 2015 Restricted Stock Grant - 25% vested on 3/26/2016; 25% vested on 3/26/2017; and 50% vest on 3/26/2018.
- 2016 Restricted Stock Grant - 25% vested on 3/23/2017; 25% vest on 3/23/2018; and 50% vest on 3/23/2019.
- 2017 Restricted Stock Grant - 25% vest on 3/24/2018; 25% vest on 3/24/2019; and 50% vest on 3/24/2020.
- General Partnership interest in RMS, Ltd Partnership.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
Billionaire Hedge Funds
