0001217466-18-000004.txt : 20180220 0001217466-18-000004.hdr.sgml : 20180220 20180220110755 ACCESSION NUMBER: 0001217466-18-000004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180215 FILED AS OF DATE: 20180220 DATE AS OF CHANGE: 20180220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RATNERSALZBERG DEBORAH CENTRAL INDEX KEY: 0001217466 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37671 FILM NUMBER: 18623619 MAIL ADDRESS: STREET 1: 301 WATER ST SE SUITE 201 CITY: WASHINGTON STATE: DC ZIP: 20003 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Forest City Realty Trust, Inc. CENTRAL INDEX KEY: 0001647509 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 474113168 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: TERMINAL TOWER, 50 PUBLIC SQUARE STREET 2: SUITE 1100 CITY: CLEVELAND STATE: OH ZIP: 44113 BUSINESS PHONE: (216) 621-6060 MAIL ADDRESS: STREET 1: TERMINAL TOWER, 50 PUBLIC SQUARE STREET 2: SUITE 1100 CITY: CLEVELAND STATE: OH ZIP: 44113 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2018-02-15 0001647509 Forest City Realty Trust, Inc. FCEA 0001217466 RATNERSALZBERG DEBORAH 301 WATER ST SE SUITE 201 WASHINGTON DC 20003 1 1 0 0 Executive Vice President Class A Common Stock 2018-02-15 4 M 0 2186 0 A 1419542 I See footnote Class A Common Stock 2018-02-15 4 F 0 844 22.34 D 1418698 I See footnote Class A Common Stock 55791 I See footnote Class A Common Stock 354120 I See footnote Class A Common Stock 563258 I See footnote Class A Common Stock 198604 I See footnote Class A Common Stock 83846 I See footnote Class A Common Stock 682643 I See footnote Class A Common Stock 3315 D Class A Common Stock 2876 D Class A Common Stock 5252 D Class A Common Stock 6918 D Class A Common Stock 1179 D Class A Common Stock 6602 I See footnote 2008 Stock Option Grant (right to buy) 36.38 2010-06-18 2018-06-18 Class A Common 9599 9599 D 2009 Stock Option Grant (right to buy) 7.80 2011-04-21 2019-04-21 Class A Common 4800 4800 D 2010 Stock Option Grant (right to buy) 15.89 2012-04-14 2020-04-14 Class A Common 8002 8002 D 2011 Stock Option Grant (right to buy) 17.72 2013-04-13 2021-04-13 Class A Common 9146 9146 D 2015 Performance Shares 0 2018-02-15 4 M 0 2186 0 D 2017-12-31 1988-08-08 Class A Common 5752 0 D 2016 Performance Shares 0 2018-12-31 1988-08-08 Class A Common 7002 7002 D 2017 Performance Shares 0 2019-12-31 1988-08-08 Class A Common 6918 6918 D U/A Deborah Ratner-Salzberg Trust dated 2/09/1987. The Trust holds 1,418,698 shares of Class A Common Stock as follows: 364,600 shares held as a direct limited partner of RMS, Ltd.; and 1,054,098 directly. The 2015 Performance Share Award vested on 2/15/2018, there were a total of 2,186 shares received, of those 844 shares were returned to the Company for taxes.The total amount of shares has been further adjusted to reflect a difference of 99 shares that had been previously overstated by the filer's broker in connection with the Common Stock reclassification, as originally reported on filer's Form 4 filed with the SEC on 9/12/2017. Michael Salzberg (spouse) shares held directly in street accounts. Michael holds 55,791 shares of Class A Common Stock directly. The total amount of shares has been further adjusted to reflect a difference of 3,765 shares that had been inadvertently understated in connection with the Common Stock reclassification, as originally reported on filer's Form 4 filed with the SEC on 9/12/2017. Albert B. Ratner 1989 Grandchildren's Trust. The total amount of shares has been further adjusted to reflect a difference of 3 shares that had been previously understated by the filer's broker in connection with the Common Stock reclassification, as originally reported on filer's Form 4 filed with the SEC on 9/12/2017. The Trust holds 354,120 shares of Class A Common Stock as follows:120,211 shares directly fbo Anna Salzberg (daughter); and 233,909 shares directly fbo Eric Salzberg (son). Deborah Ratner Salzberg disclaims any beneficial interest. Albert Ratner Remainder Interest Trust. The total amount of shares has been further adjusted to reflect a difference of 2 shares that had been previously understated by the filer's broker in connection with the Common Stock reclassification, as originally reported on filer's Form 4 filed with the SEC on 9/12/2017. Trust holds 563,258 shares of Class A Common Stock as follows: 281,629 shares directly for the benefit of Anna Salzberg (daughter); 125,000 as a limited partnership interest within RMS, Ltd. For the benefit of Anna; 281,629 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. 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. Albert B. Ratner 1987 Family Trust - for the benefit of Eric Salzberg (son). Trust holds 83,846 shares of Class A Common Stock directly. The total amount of shares has been further adjusted to reflect a difference of 1 share that had been previously understated by the filer's broker in connection with the Common Stock reclassification, as originally reported on filer's Form 4 filed with the SEC on 9/12/2017. Albert B. Ratner 1999 Revocable Trust (Deborah Ratner serves as an advisor). The total amount of shares has been further adjusted to reflect a difference of 1 share that had been previously understated by the filer's broker in connection with the Common Stock reclassification, as originally reported on filer's Form 4 filed with the SEC on 9/12/2017. Trust holds 682,643 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); 188,018 shares directly for the benefit of Eric. Deborah Ratner-Salzberg disclaims any beneficial interest. 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. 2015 Restricted Stock Grant - 25% vest on 3/26/2016; 25% vest on 3/26/2017; and 50% vest on 3/26/2018. 2016 Restricted Stock Grant - 25% vest 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., an Ohio limited partnership. 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. 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 3/26/2015 - 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. Shares vested and were approved by the Company's Compensation Committee on 2/15/2018, at 38% of the target shares resulting from the actual performance during the performance period. 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. J. Matthew Shady, Attorney-In-Fact for Deborah Ratner-Salzberg 2018-02-20 EX-24 2 attach_1.txt POWER OF ATTORNEY SEC FORMS 4 & 5 POWER OF ATTORNEY The undersigned, designated by the Board of Directors as a Section 16 Company Insider, hereby constitutes and appoints Ketan K. Patel, J. Matthew Shady and Maria Tosheva-Nikolova, with full power of substitution and resubstitution, as attorney of the undersigned, their name, place and stead, to sign and file under the Securities Exchange Act of 1934, Section 16 Reporting Forms, any and all amendments and apply for EDGAR Access Codes as required thereto, to be filed with the Securities and Exchange Commission pertaining to such filing, with full power and authority to do and perform any and all acts and things whatsoever required and necessary to be done in the premises, hereby ratifying and approving the act of said attorney and any such substitute. EFFECTIVE as of May 31, 2017. By: \s\ Deborah Ratner Salzberg Deborah Ratner Salzberg