Ryan Darrah - Mar 1, 2024 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role
Chief Legal Officer
Signature
Maite Garcia, attorney-in-fact for Ryan Darrah
Stock symbol
FORR
Transactions as of
Mar 1, 2024
Transactions value $
-$24,337
Form type
4
Date filed
3/5/2024, 02:57 PM
Previous filing
Aug 3, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORR Common Stock Options Exercise $0 +3.45K +17.56% $0.00 23.1K Mar 1, 2024 Direct F1
transaction FORR Common Stock Tax liability -$24.3K -1.19K -5.17% $20.40 21.9K Mar 1, 2024 Direct 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 -1.37K -33.34% $0.00 2.73K Mar 1, 2024 Common Stock 1.37K $0.00 Direct F3, F4, F5
transaction FORR Restricted Stock Units Options Exercise $0 -2.08K -24.99% $0.00 6.24K Mar 1, 2024 Common Stock 2.08K $0.00 Direct F5, F6
* 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 March 1, 2024 of the restricted stock units awarded to the reporting person on March 1, 2022 and March 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 March 1, 2022, the reporting person was granted 5,463 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments beginning 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.
F6 On March 1, 2023, the reporting person was granted 8,323 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments beginning on the first anniversary of the grant date.