Sec Form 4 Filing - RATNERSALZBERG DEBORAH @ Forest City Realty Trust, Inc. - 2018-12-07

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person RATNERSALZBERG DEBORAH 2. Issuer Name and Ticker or Trading Symbol Forest City Realty Trust, Inc. [ FCEA] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Executive Vice President (Last) (First) (Middle) 301 WATER ST SE SUITE 201 3. Date of Earliest Transaction (MM/DD/YY) 12/07/2018 (Street) WASHINGTON, DC20003 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Common Stock 11/01/2018 G V 200,000 D $ 0 1,225,147 I See footnote ( 1 ) Class A Common Stock 12/07/2018 D( 17 ) 1,225,147 D 0 I See footnote ( 1 ) Class A Common Stock 11/01/2018 G V 26,500 D $ 0 29,291 I See footnote ( 2 ) Class A Common Stock 12/07/2018 D( 17 ) 29,291 D 0 I See footnote ( 2 ) Class A Common Stock 12/07/2018 D( 17 ) 354,120 D 0 I See footnote ( 3 ) Class A Common Stock 12/07/2018 D( 17 ) 563,258 D 0 I See footnote ( 4 ) Class A Common Stock 12/07/2018 D( 17 ) 198,604 D 0 I See footnote ( 5 ) Class A Common Stock 12/07/2018 D( 17 ) 83,846 D 0 I See footnote ( 6 ) Class A Common Stock 11/01/2018 G V 33,400 D $ 0 649,243 I See footnote ( 7 ) Class A Common Stock 12/07/2018 D( 17 ) 649,243 D 0 I See footnote ( 7 ) Class A Common Stock 12/07/2018 D( 17 ) 1,179 D 0 D ( 8 ) Class A Common Stock 11/01/2018 G V 6,602 D $ 0 0 I See footnote ( 9 ) Class A Common Stock 12/07/2018 D( 18 ) 3,501 D 0 D ( 10 ) Class A Common Stock 12/07/2018 D( 18 ) 5,189 D 0 D ( 11 ) Class A Common Stock 12/07/2018 D( 18 ) 7,373 D 0 D ( 12 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares 2009 Stock Option Grant (right to buy) $ 7.8 12/07/2018 D( 19 ) 4,800 04/21/2011( 13 ) 04/21/2019 Class A Common 4,800 ( 19 ) 0 D ( 13 ) 2010 Stock Option Grant (right to buy) $ 15.89 12/07/2018 D( 19 ) 8,002 04/14/2012( 13 ) 04/14/2020 Class A Common 8,002 ( 19 ) 0 D ( 13 ) 2011 Stock Option Grant (right to buy) $ 17.72 12/07/2018 D( 19 ) 9,146 04/13/2013( 13 ) 04/13/2021 Class A Common 9,146 ( 19 ) 0 D ( 13 ) 2016 Performance Shares $ 0 12/07/2018 D( 20 ) 7,002 ( 20 ) 12/31/2018 08/08/1988( 14 ) Class A Common 7,002 ( 20 ) 0 D ( 14 ) 2017 Performance Shares $ 0 12/07/2018 D( 20 ) 9,224 ( 20 ) 12/31/2019 08/08/1988( 15 ) Class A Common 6,918 ( 20 ) 0 D ( 15 ) 2018 Performance Shares $ 0 12/07/2018 D( 20 ) 4,915 ( 20 ) 12/31/2020 08/08/1988( 16 ) Class A Common 7,373 ( 20 ) 0 D ( 16 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other RATNERSALZBERG DEBORAH 301 WATER ST SE SUITE 201 WASHINGTON, DC20003 Executive Vice President Signatures J. Matthew Shady, Attorney-In-Fact for Deborah Ratner-Salzberg 12/07/2018 Signature of Reporting Person Date

Explanation of Responses:

( 1 )U/A Deborah Ratner-Salzberg Trust dated 2/09/1987. The Trust holds 1,225,147 shares of Class A Common Stock as follows: 364,600 shares held as a direct limited partner of RMS, Ltd.; and 861,147 directly. ( 2 )Michael Salzberg (spouse) shares held directly in street accounts. ( 3 )Albert B. Ratner 1989 Grandchildren's Trust. 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. ( 4 )Albert Ratner Remainder Interest Trust. 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. ( 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 83,846 shares of Class A Common Stock directly. ( 7 )Albert B. Ratner 1999 Revocable Trust (Deborah Ratner serves as an advisor). Trust holds 649,243 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); 311,335 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. ( 8 )General Partnership interest in RMS, Ltd., an Ohio limited partnership. ( 9 )Anna Salzberg (daughter), shares are held in street account at Stifel Nicolaus & Co., Inc. Anna holds the shares of Class A Common Stock directly. Deborah Ratner-Salzberg disclaims any beneficial interest. ( 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 )2018 Restricted Stock Grant - 25% vest on 3/24/2019; 25% vest on 3/24/2020; and 50% vest on 3/24/2021. ( 13 )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. ( 14 )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. ( 15 )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. ( 16 )Performance Shares Award - granted 3/20/2018 - performance period is from January 1, 2018 to December 31, 2020. 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 $20.89 per share. There is no fixed expiration date. ( 17 )Pursuant to a Merger Agreement dated 7/30/2018, among issuer, Antlia Holdings, LLC and Antlia Merger Sub Inc. (the "Merger Agreement"), on December 7, 2018 at the effective time of the Merger (the "Effective Time"), all shares held as of the Effective Time entitled the holder to receive a cash payment of $25.35 per share (the "Merger Consideration") without interest. ( 18 )At the Effective Time of the Merger, pursuant to the terms of the Merger Agreement, the unvested restricted shares outstanding immediately prior to the Effective Time automatically vested and entitled the holder to receive a cash payment of the Merger Consideration (as defined above), without interest and less any applicable tax withholdings. ( 19 )At the Effective Time of the Merger, these stock options were cancelled and entitled the holder to receive a cash payment of the product of (a) the difference between Merger Consideration (as defined above) and the per share exercise price of the stock option, multiplied by (b) the number of shares subject to the stock option, without interest and less any applicable tax withholdings. ( 20 )At the Effective Time of the Merger, pro-rated amounts of 1/3 (at 200% of target), 2/3 (at 200% of target) and 100% (at 100% of target) of the Performance Share Awards granted in 2018, 2017 and 2016, respectively, automatically vested and entitled the holder to receive a cash payment of the Merger Consideration (as defined above) per vested and awarded Performance Share, without interest and less any applicable tax withholding. Target amounts awarded were based on the Issuer's actual performance through the Effective Time, as reasonably determined in good faith by the compensation committee of the Board of Directors.

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