Shirley Macbeth - 01 Apr 2024 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role: Chief Marketing Officer
Signature: Maite Garcia, attorney-in-fact for Shirley Macbeth
Issuer symbol: FORR
Transactions as of: 01 Apr 2024
Net transactions value: -$16,352
Form type: 4
Filing time: 03 Apr 2024, 14:49:02 UTC
Previous filing: 05 Mar 2024
Next filing: 05 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FORR	Common Stock	Options Exercise	$0	+2,676	+24%	$0.000000	13,734	01 Apr 2024	Direct	F1
transaction	FORR	Common Stock	Tax liability	$16,352	-785	-5.7%	$20.83	12,949	01 Apr 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	-2,676	-100%	$0.000000^*	0	01 Apr 2024	Common Stock	2,676	$0.000000	Direct	F3, F4, F5
transaction	FORR	Restricted Stock Units	Award	$0	+15,602		$0.000000	15,602	01 Apr 2024	Common Stock	15,602	$0.000000	Direct	F3, 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 April 1, 2024 of the restricted stock units awarded to the reporting person on April 1, 2020. The award includes a provision for the withholding of shares by the Issuer to satisfy withholding taxes due as a result of the vesting of the award.
F3	Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
F4	On April 1, 2020, the reporting person was granted 10,704 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 April 1, 2024, the reporting person was granted 15,602 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.