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 *

O'Brien Robert G.
2. Issuer Name and Ticker or Trading Symbol

Forest City Realty Trust, Inc. [ FCEA/FCEB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Exec VP & CFO
(Last)          (First)          (Middle)

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

4/8/2017
(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                  71581   I   See footnote   (1)
Class A Common Stock   4/8/2017     F    11579   D $22.26   0   D   (2)
 
Class A Common Stock                  11345   D   (3)
 
Class A Common Stock                  16301   D   (4)
 
Class A Common Stock                  10745   D   (5)
 
Class A Common Stock                  12537   I   See footnote   (7)
Class A Common Stock                  12553   I   See footnote   (8)
Class A Common Stock                  12553   I   See footnote   (9)
Class A Common Stock                  232257   D   (10)
 
Class A Common Stock                  13353   D   (6)
 

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   (11) 6/18/2018   Class A Common   28059     28059   D   (11)
 
2009 Stock Option Grant (right to buy)   $7.80                    4/21/2011   (12) 4/21/2019   Class A Common   7011     7011   D   (12)
 
2010 Stock Option Grant (right to buy)   $15.89                    4/14/2012   (13) 4/14/2020   Class A Common   26893     26893   D   (13)
 
2011 Stock Option Grant (right to buy)   $17.72                    4/13/2013   (14) 4/13/2021   Class A Common   38547     38547   D   (14)
 
2012 Stock Option Grant (right to buy)   $14.74                    4/11/2014   (15) 4/11/2022   Class A Common   39694     39694   D   (15)
 
2013 Stock Option Grant (right to buy)   $17.60                    4/8/2015   (16) 4/8/2023   Class A Common   33422     33422   D   (16)
 
2014 Stock Option Grant (right to buy)   $18.73                    3/28/2016   (17) 3/28/2024   Class A Common   31620     31620   D   (17)
 
2014 Performance Shares   $0                    12/31/2017   8/8/1988   (18) Class A Common   19576     19576   D   (18)
 
2015 Performance Shares   $0                    12/31/2017   8/8/1988   (19) Class A Common   15339     15339   D   (19)
 
2016 Performance Shares   $0                    12/31/2018   8/8/1988   (20) Class A Common   21489     21489   D   (20)
 
2017 Performance Shares   $0                    12/31/2019   8/8/1988   Class A Common   20029     20029   D   (21)
 
2015 Out Performance Shares   $0                    12/31/2017   8/8/1988   (22) Class A Common   40000     40000   D   (22)
 

Explanation of Responses:
(1)  Robert G. O'Brien Trust - account with Schwab .
(2)  2013 Restricted Stock Grant - 25% vest on 4/08/2015; 25% vest on 4/08/2016; and 50% vest on 4/08/2017.
(3)  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.
(4)  2015 Restricted Stock Grant - 25% vest on 3/26/2016; 25% vest on 3/26/2017; and 50% vest on 3/26/2018.
(5)  2016 Restricted Stock Grant - 25% vest on 3/23/2017; 25% vest on 3/23/2018; and 50% vest on 3/23/2019.
(6)  2017 Restricted Stock Grant - 25% vest on 3/24/2018; 25% vest on 3/24/2019; and 50% vest on 3/24/2020.
(7)  Shares held by Robert L. O'Brien, son - Indirect
(8)  Shares held by Kathleen G. O'Brien, daughter - Indirect
(9)  Shares held by Sara F. O'Brien, daughter - Indirect
(10)  Shares are held by Robert & Ann (wife) O'Brien in a street account at Commonwealth. 24,148 restricted shares vested on 4/08/2017, of those 11,579 shares were returned to the Company to cover taxes, the balance of the shares were moved to this account.
(11)  2008 Stock Option Grant - 25% exercisable 6/18/2010; 25% exercisable 6/18/2011; and 50% exercisable 6/18/2012.
(12)  2009 Stock Option Grant - 25% exercisable 4/21/2011; 25% exercisable 4/21/2012; and 50% exercisable 4/21/2013.
(13)  2010 Stock Option Grant - 25% exercisable 4/14/2012; 25% exercisable 4/14/2013; and 50% exercisable 4/14/2014.
(14)  2011 Stock Option Grant - 25% exercisable 4/13/2013; 25% exercisable 4/13/2014; and 50% exercisable 4/13/2015.
(15)  2012 Stock Option Grant - 25% exercisable 4/11/2014; 25% exercisable 4/11/2015; and 50% exercisable 4/11/2016.
(16)  2013 Stock Option Grant - 25% exercisable 4/08/2015; 25% exercisable 4/08/2016; and 50% exercisable 4/08/2017.
(17)  2014 Stock Option Grant - 0% exercisable 3/28/2015; 25% exercisable 3/28/2016; 25% exercisable 3/28/2017; and 50% exercisable 3/28/2018.
(18)  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.
(19)  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.
(20)  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.
(21)  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.
(22)  Out Performance Shares Award - granted 3/27/2015 - performance period is from January 1, 2015 to December 31, 2017. Awards will vest 50% on December 31, 2017 and 50% on December 31, 2018 and will be available to the grantee 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:
Original filing erroneously did not show the vested shares moving to the street account; the filing was amended to correct total number of unvested shares and the correct number of shares held in the street account. Footnotes to the original filing explaining the vestings and account movements were correct.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
O'Brien Robert G.
50 PUBLIC SQUARE, SUITE 1100
CLEVELAND, OH 44113


Exec VP & CFO

Signatures
J. Matthew Shady, Attorney-In-Fact for Robert G. O'Brien 4/11/2017
** 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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