Ownership Submission
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

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
ESPOSITO MICHAEL P JR
  2. Issuer Name and Ticker or Trading Symbol
FOREST CITY ENTERPRISES INC [FCEA/FCEB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
1221 AVENUE OF THE AMERICAS
3. Date of Earliest Transaction (Month/Day/Year)
04/08/2013
(Street)

NEW YORK, NY 10020-1001
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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               2,831.725 D (1)  
Class A Common Stock               97,200 D (2)  
Class A Common Stock               11,400 I See footnote (3)
Class A Common Stock               1,100 I See footnote (4)
Class A Common Stock 04/08/2013   A   5,681 A $ 0 5,681 D (5)  

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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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
2005 Stock Option Grant (right to buy) $ 31.75             04/06/2007(6) 04/06/2015 Class A Common 10,800   10,800 D (6)  
2006 Stock Option Grant (right to buy) $ 46.37             04/04/2008(7) 04/04/2016 Class A Common 10,800   10,800 D (7)  
2007 Stock Option Grant (right to buy) $ 65.35             03/29/2009(8) 03/29/2017 Class A Common 10,800   10,800 D (8)  
2008 Stock Option Grant (right to buy) $ 37.68             04/07/2009(8) 04/07/2018 Class A Common 10,637   10,637 D (9)  
2009 Stock Option Grant (right to buy) $ 7.8             04/21/2010(10) 04/21/2019 Class A Common 10,966   10,966 D  
2010 Stock Option Grant (right to buy) $ 15.89             04/14/2011(11) 04/14/2020 Class A Common 8,007   8,007 D (11)  
2011 Stock Option Grant (right to buy) $ 17.72             04/13/2012(12) 04/13/2021 Class A Common 8,927   8,927 D (12)  
2012 Stock Option Grant (right to buy) $ 14.74             04/11/2013(13) 04/11/2022 Class A Common 10,825   10,825 D (13)  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ESPOSITO MICHAEL P JR
1221 AVENUE OF THE AMERICAS
NEW YORK, NY 10020-1001
  X      

Signatures

 Geralyn M. Presti, Attorney-In-Fact for Michael P. Esposito, Jr.   04/10/2013
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Held in a Dividend Reinvestment Account (DRIP).
(2) Shares held direct in street account.
(3) Ellen L. Esposito Trust, dated 11/05/2012 - for the benefit of spouse.
(4) Shares are held by Sag Pond Partners - Mr. Esposito retains sole investment control.
(5) 2013 Restricted Stock Grant - 33.33% vest on 4/08/2014; 33.33% vest on 4/08/2015; and 33.33% vest on 4/08/2016.
(6) 2005 Stock Option Grant - 25% exercisable 4/06/2007; 25% exercisable 4/06/2008; and 50% exersicable 4/06/2009.
(7) 2006 Stock Option Grant - 25% exercisable 4/04/2008; 25% exercisable 4/04/2009; and 50% exersicable 4/04/2010.
(8) 2007 Stock Option Grant - 25% exercisable 3/29/2009; 25% exercisable 3/29/2010; and 50% exercisable 3/29/2011.
(9) 2008 Stock Option Grant - 33.33% exercisable 4/07/2009; 33.33% exercisable 4/07/2010; and 33.33% exercisable 4/07/2011.
(10) 2009 Stock Option Grant - 33.33% exercisable 4/21/2010; 33.33% exercisable 4/21/2011; and 33.33% exercisable 4/21/2012.
(11) 2010 Stock Option Grant - 33.33% exercisable 4/14/2011; 33.33% exercisable 4/14/2012; and 33.33% exercisable 4/14/2013.
(12) 2011 Stock Option Grant - 33.33% exercisable 4/13/2012; 33.33% exercisable 4/13/2013; and 33.33% exercisable 4/13/2014.
(13) 2012 Stock Option Grant - 33.33% exercisable 4/11/2013; 33.33% exercisable 4/11/2014; and 33.33% exercisable 4/11/2015.

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