Filing Details

Accession Number:
0001217463-11-000004
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-08-03 15:04:28
Reporting Period:
2011-08-01
Filing Date:
2011-08-03
Accepted Time:
2011-08-03 15:04:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
38067 Forest City Enterprises Inc FCEA/FCEB Operators Of Nonresidential Buildings (6512) 340863886
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1217463 A Charles Ratner 50 Public Square, Suite 1100
Cleveland OH 44113
Chairman Of The Board Yes Yes Yes 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 2011-08-01 267 $17.68 2,948 No 4 S Indirect See footnote
Class A Common Stock Disposition 2011-08-01 943 $17.68 10,384 No 4 S Indirect See footnote
Class A Common Stock Disposition 2011-08-01 1,262 $17.68 13,889 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
No 4 S Indirect See footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 508,516 Indirect See footnote
Class A Common Stock 4,626 Indirect See footnote
Class A Common Stock 4,204 Indirect See footnote
Class A Common Stock 506,007 Indirect See footnote
Class A Common Stock 441,806 Indirect See footnote
Class A Common Stock 2,236 Indirect See footnote
Class A Common Stock 8,198 Indirect See footnote
Class A Common Stock 5,034 Direct
Class A Common Stock 5,643 Direct
Class A Common Stock 18,679 Indirect See footnote
Class A Common Stock 160,000 Indirect See footnote
Class A Common Stock 10,227 Indirect See footnote
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Class B Common - Convertible $0.00 1988-08-08 1988-08-08 900 900 Indirect
Common Stock Class B Common - Convertible $0.00 1988-08-08 1988-08-08 75,078 75,078 Indirect
Common Stock Class B Common - Convertible $0.00 1988-08-08 1988-08-08 471,736 471,736 Indirect
Common Stock Class B Common - Convertible $0.00 1988-08-08 1988-08-08 23,531 23,531 Indirect
Common Stock Class B Common - Convertible $0.00 1988-08-08 1988-08-08 5,992 5,992 Indirect
Common Stock Class B Common - Convertible $0.00 1988-08-08 1988-08-08 5,992 5,992 Indirect
Common Stock Class B Common - Convertible $0.00 1988-08-08 1988-08-08 5,992 5,992 Indirect
Common Stock Class B Common - Convertible $0.00 1988-08-08 1988-08-08 5,992 5,992 Indirect
Common Stock Class B Common - Convertible $0.00 1988-08-08 1988-08-08 73,080 73,080 Indirect
Common Stock Class B Common - Convertible $0.00 1988-08-08 1988-08-08 378,500 378,500 Indirect
Common Stock Class B Common - Convertible $0.00 1988-08-08 1988-08-08 3,120 3,120 Indirect
Class A Common 2003 Stock Option Grant (right to buy) $15.50 2005-03-17 2013-03-17 43,200 43,200 Direct
Class A Common 2005 Stock Option Grant (right to buy) $31.75 2007-04-06 2015-04-06 40,000 40,000 Direct
Class A Common 2006 Stock Option Grant (right to buy) $46.37 2008-04-04 2016-04-04 40,000 40,000 Direct
Class A Common 2007 Stock Option Grant (right to buy) $65.35 2009-03-29 2017-03-29 40,000 40,000 Direct
Class A Common 2008 Stock Option Grant (right to buy) $36.38 2010-06-18 2018-06-18 19,691 19,691 Direct
Class A Common 2009 Stock Option Grant (right to buy) $7.80 2011-04-21 2019-04-21 24,220 24,220 Direct
Class A Common 2010 Stock Option Grant (right to buy) $15.89 2012-04-14 2020-04-14 40,289 40,289 Direct
Class A Common 2011 Stock Option Grant (right to buy) $17.72 2013-04-13 2021-04-13 26,782 26,782 Direct
Class A Common Stock 2008 Performance Shares $0.00 2012-01-31 1988-08-08 21,990 21,990 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
1988-08-08 900 900 Indirect
1988-08-08 75,078 75,078 Indirect
1988-08-08 471,736 471,736 Indirect
1988-08-08 23,531 23,531 Indirect
1988-08-08 5,992 5,992 Indirect
1988-08-08 5,992 5,992 Indirect
1988-08-08 5,992 5,992 Indirect
1988-08-08 5,992 5,992 Indirect
1988-08-08 73,080 73,080 Indirect
1988-08-08 378,500 378,500 Indirect
1988-08-08 3,120 3,120 Indirect
2013-03-17 43,200 43,200 Direct
2015-04-06 40,000 40,000 Direct
2016-04-04 40,000 40,000 Direct
2017-03-29 40,000 40,000 Direct
2018-06-18 19,691 19,691 Direct
2019-04-21 24,220 24,220 Direct
2020-04-14 40,289 40,289 Direct
2021-04-13 26,782 26,782 Direct
1988-08-08 21,990 21,990 Direct
Footnotes
  1. Charles Ratner Revocable Trust dated 7/17/1981.
  2. Charles Ratner 2001 Trust - dated 11/01/01. Trust holds 18,504 shares to split among children; son Adam has an interest in 4,626 shares. Charles Ratner disclaims beneficial interest.
  3. Held by spouse in an account at UBS Investments.
  4. Illana Horowitz Ratner Trust - dated 12/29/92 (spouse).
  5. Charles Ratner 1986 Remainder Interest Trust - Albert Ratner is trustee; Charles Ratner has no benifical interest, he retains an income interest for life. Beneficiaries are his children.
  6. Max Ratner 1986 Family Trust for the Benefit of Kevin Ratner (adult child of Charles Ratner) - Charles Ratner is trustee.
  7. Max Ratner 1986 Family Trust for the Benefit of Rachel Ratner (adult child of Charles Ratner) - Charles Ratner is trustee.
  8. Max Ratner 1988 Grandchildrens Trust - a limited partner in RMS, Ltd., for the benefit of Adam (son). Charles Ratner disclaims any beneficial interest. The price $17.6775 represents a weighed average of sales prices ranging from $17.565 per share to $18.07 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.
  9. Charles Ratner 1986 Family Trust Agreement U/A/D 12/18/86 FBO Adam Ratner. Charles Ratner disclaims beneficial interest. The price $17.6775 represents a weighed average of sales prices ranging from $17.565 per share to $18.07 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.
  10. 2010 Restricted Stock Grant - 25% vest on 4/14/2012; 25% vest on 4/14/2013; and 50% vest on 4/14/2014. 2011 Restricted Stock Grant - 25% vest on 4/13/2013; 25% vest on 4/13/2014; and 50% vest on 4/13/2015.
  11. General Partnership interest in RMS, Ltd. partnership a 10% shareholder.
  12. The Charles Ratner Revocable Trust Agreement dated 7/17/1981, as modified (Charles is settlor and co-trustee). RMS, Ltd. limited partnership interest.
  13. The Charles Ratner Revocable Trust Agreement dated 7/17/1981, as modified (Charles is settlor and co-trustee) FCE Management, L.P. interest as limited partner in RMS, Ltd.
  14. Charles Ratner 2001 Trust - dated 11/01/01 - FCE Management, L.P. interest as limited partner in RMS, Ltd. - total holdings of trust are 94,124, shares are split among children, son Adam has an interest in 23,531. Charles Ratner disclaims beneficial interest.
  15. Max Ratner 1986 Family Trust for the benefit of Kevin Ratner (son) - Charles Ratner is Trustee.
  16. Max Ratner 1986 Family Trust for the benefit of Rachel Ratner (daughter) - Charles Ratner is Trustee.
  17. Max Ratner 1986 Family Trust for the benefit of Jonathan Ratner (son) - Charles Ratner is Trustee.
  18. Max Ratner 1986 Family Trust for the benefit of Adam Ratner (son) - Charles Ratner is Trustee. The price $17.6775 represents a weighed average of sales prices ranging from $17.565 per share to $18.07 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.
  19. Max Ratner 1999 Irrevocable Trust - trust hold both Class A & Class B shares. Class B shares are held as a limited partnership interest in FCE Management, L.P., a limited partner of RMS, Ltd.. Shares are for the benefit of Adam Ratner (son). Charles Ratner disclaims any beneficial interest.
  20. Charles & Ilana Ratner 2007 Equalizing Trust - for the benefit of Adam (son). Charles Ratner disclaims any beneficial interest.
  21. Adam Ratner - individual account (son). Charles Ratner disclaims any beneficial interest.
  22. 2003 Stock Option Grant - 25% exercisable 3/17/05; 25% exercisable 3/17/06; and 50% exercisable 3/17/07.
  23. 2005 Stock Option Grant - 25% exercisable 4/06/2007; 25% exercisable 4/06/2008; and 50% exersicable 4/06/2009.
  24. 2006 Stock Option Grant - 25% exercisable 4/04/2008; 25% exercisable 4/04/2009; and 50% exersicable 4/04/2010.
  25. 2007 Stock Option Grant - 25% exercisable 3/29/2009; 25% exercisable 3/29/2010; and 50% exercisable 3/29/2011. 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.
  26. Performance Shares Award - granted 6/18/2008 - performance period is from May 1, 2008 to January 31, 2012. 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 175% of the number of Performance Shares granted. Fair market value on date of grant is $36.38 per share. There is no fixed expiration date.
  27. Class B Common Stock is convertible to Class A Common Stock on a share -for -share basis; stock are convertible at any time - there is no fixed exercise date or expiration date.
  28. Sales in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person (trust) on June 13, 2011.