Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | FORG | Stock Option (right to buy) | Sep 15, 2021 | Common Stock | 346K | $3.72 | Direct | F1, F2 | ||||||
holding | FORG | Stock Option (right to buy) | Sep 15, 2021 | Common Stock | 173K | $3.72 | Direct | F2, F3 | ||||||
holding | FORG | Stock Option (right to buy) | Sep 15, 2021 | Common Stock | 100K | $4.83 | Direct | F2, F4 |
Id | Content |
---|---|
F1 | Option granted under ForgeRock Inc.'s (the "Issuer") 2012 Equity Incentive Plan ("2012 Plan"). Twenty-five percent (25%) of the shares subject to the option vested on December 17, 2019; thereafter, the remaining number of shares subject to the option vest in equal monthly installments over the following thirty-six (36) months, subject to the Reporting Person continuing as a service provider through each such date. |
F2 | Prior to the closing of the Issuer's initial public offering of Class A common stock, par value $0.001 per share ("Class A Common Stock"), each share of the Issuer's common stock, par value $0.001 per share ("Common Stock") will be reclassified into one share of the Issuer's Class B common stock, par value $0.001 per share ("Class B Common Stock"). Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock. Additionally, each share of Class B Common Stock will, subject to certain exceptions, convert automatically into one share of Class A Common Stock upon any transfer. |
F3 | Option granted under the Issuer's 2012 Plan and is subject to performance vesting requirements. The shares underlying this option vest, subject to the Reporting Person continuing as a service provider, upon the satisfaction of certain performance-based conditions, provided that such performance-based conditions occur prior to December 22, 2028. The performance-based conditions are based on the Issuer achieving certain performance targets. The performance-based conditions were satisfied as to 50% on July 23, 2020. |
F4 | Option granted under the Issuer's 2012 Plan. Twenty-five percent (25%) of the shares subject to the option vested on March 1, 2021; thereafter, the remaining number of shares subject to the option vest in equal monthly installments over the following thirty-six (36) months, subject to the Reporting Person continuing as a service provider through each such date. |
Exhibit 24 - Power of Attorney