Michael Kasparian - Jun 1, 2021 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role
Chief Information Officer
Signature
Maite Garcia, attorney-in-fact for Michael Kasparian
Stock symbol
FORR
Transactions as of
Jun 1, 2021
Transactions value $
-$29,171
Form type
4
Date filed
6/2/2021, 04:43 PM
Next filing
Aug 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORR Common Stock Options Exercise $0 +2.3K +53.44% $0.00 6.6K Jun 1, 2021 Direct F1
transaction FORR Common Stock Tax liability -$29.2K -674 -10.21% $43.28 5.93K Jun 1, 2021 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 -2.3K -25.01% $0.00 6.9K Jun 1, 2021 common stock 2.3K $0.00 Direct 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 June 1, 2021 of the restricted stock units awarded to the reporting person on June 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 June 1, 2020, the reporting person was granted 9,194 Restricted Stock Units scheduled to 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.