Leo Christian Finn - 01 Mar 2025 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role: Chief Financial Officer
Signature: Maite Garcia, attorney-in-fact for Leo Christian Finn
Issuer symbol: FORR
Transactions as of: 01 Mar 2025
Net transactions value: -$33,074
Form type: 4
Filing time: 04 Mar 2025, 14:23:24 UTC
Previous filing: 02 Oct 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	+6,266	+38%	$0.000000	22,916	01 Mar 2025	Direct	F1
transaction	FORR	Common Stock	Tax liability	$33,074	-2,985	-13%	$11.08	19,931	01 Mar 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	-2,483	-50%	$0.000000	2,483	01 Mar 2025	common stock	2,483	$0.000000	Direct	F3, F4
transaction	FORR	Restricted Stock Units	Options Exercise	$0	-3,783	-33%	$0.000000	7,567	01 Mar 2025	common stock	3,783	$0.000000	Direct	F3, 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 March 1, 2025 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 9,934 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	On March 1, 2023, the reporting person was granted 15,133 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.