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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

RATNER BRIAN J
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)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Executive Vice President
(Last)          (First)          (Middle)

50 PUBLIC SQUARE, SUITE 1100
3. Date of Earliest Transaction (MM/DD/YYYY)

11/16/2017
(Street)

CLEVELAND, OH 44113
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   11/16/2017     S (1)    7733   D $24.97   (1) 1083404   I   See footnote   (1)
Class A Common Stock   11/17/2017     S (1)    6767   D $25.02   (1) 1076637   I   See footnote   (1)
Class A Common Stock   11/16/2017     S (2)    12000   D $24.97   (2) 700299   I   See footnote   (2)
Class A Common Stock   11/17/2017     S (2)    10500   D $25.02   (2) 689799   I   See footnote   (2)
Class A Common Stock                  563258   I   (3) See footnote   (3)
Class A Common Stock                  137282   I   See footnote   (4)
Class A Common Stock                  4004   D   (5)
 
Class A Common Stock                  3138   D   (6)
 
Class A Common Stock                  5480   D   (7)
 
Class A Common Stock                  7218   D   (8)
 
Class A Common Stock                  1179   D   (9)
 
Class A Common Stock                  2069   I   (10) See footnote   (10)
Class A Common Stock                  295466   I   (11) See footnote   (11)
Class A Common Stock                  46161   I   (12) See footnote   (12)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
2008 Stock Option Grant (right to buy)   $36.38                    6/18/2010   (13) 6/18/2018   Class A Common   9492     9492   D   (13)
 
2009 Stock Option Grant (right to buy)   $7.80                    4/21/2011   (14) 4/21/2019   Class A Common   4746     4746   D   (14)
 
2010 Stock Option Grant (right to buy)   $15.89                    4/14/2012   (15) 4/14/2020   Class A Common   7913     7913   D   (15)
 
2011 Stock Option Grant (right to buy)   $17.72                    4/13/2013   (16) 4/13/2021   Class A Common   9041     9041   D   (16)
 
2014 Performance Shares   $0                    12/31/2017   8/8/1988   (17) Class A Common   8008     8008   D   (17)
 
2015 Performance Shares   $0                    12/31/2017   8/8/1988   (18) Class A Common   6275     6275   D   (18)
 
2016 Performance Shares   $0                    12/31/2018   8/8/1988   (19) Class A Common   7306     7306   D   (19)
 
2017 Performance Shares   $0                    12/31/2019   8/8/1988   (20) Class A Common   7218     7218   D   (20)
 
2015 Out Performance Shares   $0                    12/31/2017   8/8/1988   (21) Class A Common   14000     14000   D   (21)
 

Explanation of Responses:
(1)  Brian Ratner Revocable Trust dated 8/18/1986. On 11/16/2017 and 11/17/2017, the Trust sold 7,733 shares and 6,767 shares of Class A Common Stock, pursuant to a Rule 10b5-1 Sales Plan, adopted on 09/12/2017. The prices of $24.97 and $25.02 represent weighted average of sales prices ranging from $24.80 to $25.09 per share and from $24.89 to $25.16 per share, respectively. 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-transactions, the Trust holds 1,076,637 shares of Class A Common Stock as follows: 364,600 shares held as a direct limited partner of RMS, Ltd.; and 712,037 directly.
(2)  Albert B. Ratner 1989 Grandchildren's Trust. On 11/16/2017 and 11/17/2017, the Trust sold 12,000 shares and 10,500 shares of Class A Common Stock, respectively, pursuant to a Rule 10b5-1 Sales Plan, adopted on 09/12/2017.The prices of $25.97 and $25.02 represent weighted average of sales prices ranging from $24.80 to $25.09 per share and from $24.89 to $25.16 per share, respectively. Full information on 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-transactions, the Trust holds 689,799 shares of Class A Common Stock as follows: 150,000 shares as a direct limited partner of RMS, Ltd. fbo of David Ratner (son); 248,064 directly fbo David; 150,000 shares held as a direct limited partner of RMS, Ltd. fbo Emily Ratner (daughter); and 141,735 directly fbo Emily. Brian Ratner disclaims any beneficial interest.
(3)  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.
(4)  Emily F. Ratner (daughter) Revocable Trust, Trustee (Brian Ratner serves as trust advisor). Trust holds 137,282 shares of Class A Common Stock directly.
(5)  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.
(6)  2015 Restricted Stock Grant - 25% vested on 3/26/2016; 25% vested on 3/26/2017; and 50% vest on 3/26/2018.
(7)  2016 Restricted Stock Grant - 25% vested on 3/23/2017; 25% vest on 3/23/2018; and 50% vest on 3/23/2019.
(8)  2017 Restricted Stock Grant - 25% vest on 3/24/2018; 25% vest on 3/24/2019; and 50% vest on 3/24/2020.
(9)  General Partnership interest in RMS, Ltd Partnership.
(10)  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.
(11)  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.
(12)  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.
(13)  2008 Stock Option Grant - 25% exercisable 6/18/2010; 25% exercisable 6/18/2011; and 50% exercisable 6/18/2012.
(14)  2009 Stock Option Grant - 25% exercisable 4/21/2011; 25% exercisable 4/21/2012; and 50% exercisable 4/21/2013.
(15)  2010 Stock Option Grant - 25% exercisable 4/14/2012; 25% exercisable 4/14/2013; and 50% exercisable 4/14/2014.
(16)  2011 Stock Option Grant - 25% exercisable 4/13/2013; 25% exercisable 4/13/2014; and 50% exercisable 4/13/2015.
(17)  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.
(18)  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.
(19)  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.
(20)  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.
(21)  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.

Remarks:
Amended to add weighted sales detail to footnote.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
RATNER BRIAN J
50 PUBLIC SQUARE, SUITE 1100
CLEVELAND, OH 44113
X
Executive Vice President

Signatures
J. Matthew Shady, Attorney-in-Fact for Brian J. Ratner 11/20/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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