Scott Chouinard - 01 Feb 2024 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Signature
Maite Garcia, attorney-in-fact for Scott Chouinard
Issuer symbol
FORR
Transactions as of
01 Feb 2024
Net transactions value
-$2,116
Form type
4
Filing time
02 Feb 2024, 17:14:42 UTC
Previous filing
09 Aug 2023
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORR Common Stock Options Exercise $0 +181 +3.4% $0.000000 5,518 01 Feb 2024 Direct F1
transaction FORR Common Stock Tax liability $1,600 -62 -1.1% $25.80 5,834 01 Feb 2024 Direct F2
transaction FORR Common Stock Options Exercise $0 +59 +7.2% $0.000000 875 01 Feb 2024 By Spouse F1
transaction FORR Common Stock Tax liability $516 -20 -2.3% $25.80 855 01 Feb 2024 By spouse F2

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 FORR Restricted Stock Units Options Exercise $0 -181 -100% $0.000000* 0 01 Feb 2024 Common Stock 181 $0.000000 Direct F3, F4, F5
transaction FORR Restricted Stock Units Options Exercise $0 -59 -100% $0.000000* 0 01 Feb 2024 Common Stock 59 $0.000000 By spouse F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion, upon vesting, of restricted stock units into common stock.
F2 Represents shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting on February 1, 2024 of the restricted stock units awarded to the reporting person on February 1, 2023. The awards include a provision for the withholding of shares by the Issuer to satisfy withholding taxes due as a result of the vesting of the awards.
F3 Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
F4 On February 1, 2023, the reporting person was granted 181 Restricted Stock Units that vest and convert into common stock on the first anniversary of the grant date.
F5 Each Restricted Stock Unit is the equivalent of one share of Forrester Research, Inc. common stock.