Nathaniel Swan - 01 Feb 2025 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role: Chief Sales Officer
Signature: Maite Garcia, attorney-in-fact for Nathaniel Swan
Issuer symbol: FORR
Transactions as of: 01 Feb 2025
Net transactions value: -$17,629
Form type: 4
Filing time: 04 Feb 2025, 10:32:53 UTC
Previous filing: 03 Apr 2024
Next filing: 03 Apr 2025
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	+3,300	+93%	$0.000000	6,854	01 Feb 2025	Direct	F1
transaction	FORR	Common Stock	Tax liability	$17,629	-1,156	-17%	$15.25	5,698	01 Feb 2025	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	-3,300	-33%	$0.000000	6,599	01 Feb 2025	common stock	3,300	$0.000000	Direct	F3, F4

* 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, 2025 of the restricted stock units awarded to the reporting person on February 1, 2023. The awards include a provision for the withholdingof 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 13,199 Restricted Stock Units that vest and convert into common stock on the first anniversary of the grant date.