Riverwood Capital Partners III (Parallel - A) L.P. - 20 Sep 2021 Form 4 Insider Report for ForgeRock, Inc.

Role
10%+ Owner
Signature
/s/ Jeffrey T. Parks, Director of Riverwood Capital GP III Ltd., general partner of Riverwood Capital III L.P.
Issuer symbol
N/A
Transactions as of
20 Sep 2021
Net transactions value
$0
Form type
4
Filing time
27 Sep 2021, 21:32:26 UTC
Previous filing
21 Sep 2021
Next filing
14 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORG Common Stock Conversion of derivative security +3,334,873 3,334,873 20 Sep 2021 See Footnote F1, F3, F4
transaction FORG Common Stock Conversion of derivative security +693,374 693,374 20 Sep 2021 See Footnote F1, F4, F5
transaction FORG Common Stock Conversion of derivative security +1,155,624 1,155,624 20 Sep 2021 See Footnote F1, F4, F6
transaction FORG Common Stock Conversion of derivative security +1,245,326 +37% 4,580,199 20 Sep 2021 See Footnote F1, F3, F4
transaction FORG Common Stock Conversion of derivative security +258,924 +37% 952,298 20 Sep 2021 See Footnote F1, F4, F5
transaction FORG Common Stock Conversion of derivative security +431,539 +37% 1,587,163 20 Sep 2021 See Footnote F1, F4, F6
transaction FORG Common Stock Other -4,580,199 -100% 0 20 Sep 2021 See Footnote F1, F3, F4
transaction FORG Common Stock Other -952,298 -100% 0 20 Sep 2021 See Footnote F1, F4, F5
transaction FORG Common Stock Other -1,587,163 -100% 0 20 Sep 2021 See Footnote F1, F4, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FORG Series E Preferred Stock Conversion of derivative security $0 -3,334,873 -100% $0.000000* 0 20 Sep 2021 Common Stock 3,334,873 See Footnote F1, F3, F4
transaction FORG Series E Preferred Stock Conversion of derivative security $0 -693,374 -100% $0.000000* 0 20 Sep 2021 Common Stock 693,374 See Footnote F1, F4, F5
transaction FORG Series E Preferred Stock Conversion of derivative security $0 -1,155,624 -100% $0.000000* 0 20 Sep 2021 Common Stock 1,155,624 See Footnote F1, F4, F6
transaction FORG Series E-1 Preferred Stock Conversion of derivative security $0 -1,245,326 -100% $0.000000* 0 20 Sep 2021 Common Stock 1,245,326 See Footnote F1, F3, F4
transaction FORG Series E-1 Preferred Stock Conversion of derivative security $0 -258,924 -100% $0.000000* 0 20 Sep 2021 Common Stock 258,924 See Footnote F1, F4, F5
transaction FORG Series E-1 Preferred Stock Conversion of derivative security $0 -431,539 -100% $0.000000* 0 20 Sep 2021 Common Stock 431,539 See Footnote F1, F4, F6
transaction FORG Class B Common Stock Other +4,580,199 4,580,199 20 Sep 2021 Class A Common Stock 4,580,199 See Footnote F1, F2, F3, F4
transaction FORG Class B Common Stock Other +952,298 952,298 20 Sep 2021 Class A Common Stock 952,298 See Footnote F1, F2, F4, F5
transaction FORG Class B Common Stock Other +1,587,163 1,587,163 20 Sep 2021 Class A Common Stock 1,587,163 See Footnote F1, F2, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All shares of Series E Preferred Stock, par value $0.001 per share ("Series E Preferred Stock") and Series E-1 Preferred Stock, par value $0.001 per share ("Series E-1 Preferred Stock"), of ForgeRock, Inc. (the "Issuer") automatically converted on a one-for-one basis to shares of the Issuer's common stock, par value $0.001 per share ("Common Stock") immediately prior to the closing of the Issuer's initial public offering (the "IPO") of its Class A common stock, par value $0.001 per share ("Class A Common Stock"), without payment of consideration. Immediately thereafter, but still prior to the closing of the IPO, all shares of Common Stock were reclassified into shares of the Issuer's Class B common stock, par value $0.001 per share ("Class B Common Stock").
F2 Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of the 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 and upon certain other conditions.
F3 Shares are held by RCP III AIV L.P. Riverwood Capital III L.P. is the general partner of RCP III AIV L.P. Riverwood Capital GP III Ltd. is the general partner of Riverwood Capital III L.P. Consequently, Riverwood Capital III L.P. and Riverwood Capital GP III Ltd. may be deemed to be beneficially own the shares held by RCP III AIV L.P.
F4 Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.
F5 Shares are held by Riverwood Capital Partners III (Parallel-A) L.P. Riverwood Capital III L.P. is the general partner of Riverwood Capital Partners III (Parallel-A) L.P. Riverwood Capital GP III Ltd. is the general partner of Riverwood Capital III L.P. Consequently, Riverwood Capital III L.P. and Riverwood Capital GP III Ltd. may be deemed to be beneficially own the shares held by Riverwood Capital Partners III (Parallel-A) L.P.
F6 Shares are held by Riverwood Capital Partners III (Parallel-B) L.P. Riverwood Capital III L.P. is the general partner of Riverwood Capital Partners III (Parallel-B) L.P. Riverwood Capital GP III Ltd. is the general partner of Riverwood Capital III L.P. Consequently, Riverwood Capital III L.P. and Riverwood Capital GP III Ltd. may be deemed to be beneficially own the shares held by Riverwood Capital Partners III (Parallel-B) L.P. RCP III AIV L.P., Riverwood Capital Partners III L.P., Riverwood Capital GP III Ltd., Riverwood Capital Partners III (Parallel-A) L.P. and Riverwood Capital Partners III (Parallel-B) L.P. are referred to collectively herein as the "Riverwood Entities").

Remarks:

Jeffrey T. Parks is a member of the board of director of the Issuer and a member of the investment committee and a shareholder of Riverwood Capital GP III Ltd. He disclaims beneficial ownership with respect to the shares beneficially owned by the Riverwood Entities except to the extent of his pecuniary interest therein.