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Madison Street Partners, LLC
> FOR
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2015 | Forestar Group Inc. | FOR | 0 | -74,336 | 0 | -1,491,000 | |
| 09/30/2015 | Forestar Group Inc. | FOR | 0 | -74,336 | 0 | -1,491,000 | |
| 06/30/2015 | Forestar Group Inc. | FOR | 0 | -74,336 | 0 | -1,491,000 | |
| 03/31/2015 | Forestar Group Inc. | FOR | 0 | -74,336 | 0 | -1,491,000 | |
| 09/30/2014 | Forestar Group Inc. | FOR | 0 | -74,336 | 0 | -1,491,000 | |
| 03/31/2014 | Forestar Group Inc. | FOR | 0 | -74,336 | 0 | -1,491,000 | |
| 09/30/2013 | Forestar Group Inc. | FOR | 0 | -74,336 | 0 | -1,491,000 | |
| 06/30/2013 | Forestar Group Inc. | FOR | 74,336 | 74,336 | 1,491,000 | 1,491,000 | $20.06 |
| 03/31/2013 | Forestar Group Inc. | FOR | 50,604 | 50,604 | 1,106,203 | 1,106,203 | $21.86 |
| 09/30/2009 | Forestar Group Inc. | FOR | 0 | -31,057 | 0 | -368,957 | |
| 06/30/2009 | Forestar Group Inc. | FOR | 31,057 | -136,545 | 368,957 | -913,043 | $11.88 |
| 03/31/2009 | Forestar Group Inc. | FOR | 167,602 | 44,337 | 1,282,000 | 109,000 | $7.65 |
| 12/31/2008 | Forestar Group Inc. | FOR | 123,265 | 123,265 | 1,173,000 | 1,173,000 | $9.52 |
| 09/30/2008 | Forestar Group Inc. | FOR | 0 | -23,347 | 0 | -444,000 | |
| 06/30/2008 | Forestar Group Inc. | FOR | 23,347 | -472 | 444,000 | -149,000 | $19.02 |
| 03/31/2008 | Forestar Group Inc. | FOR | 23,819 | 23,819 | 593,000 | 593,000 | $24.90 |
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