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

Role
Director
Signature
Maite Garcia, attorney-in-fact for Neil Bradford
Stock symbol
FORR
Transactions as of
Jun 1, 2021
Transactions value $
-$3,549
Form type
4
Date filed
6/2/2021, 04:53 PM
Next filing
Aug 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORR Common Stock Tax liability -$3.55K -82 -0.7% $43.28 11.6K Jun 1, 2021 Direct F1
transaction FORR Common Stock Award $0 +2.77K +23.97% $0.00 14.3K Jun 1, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 March 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
F2 The securities awarded on June 1, 2021 are in the form of Restricted Stock Units issued pursuant to the Forrester Research, Inc. Amended and Restated Equity Incentive Plan that entitle the reporting person, upon vesting, to receive one share of common stock per Restricted Stock Unit. The Restricted Stock Units will vest and convert into common stock in four equal and consecutive installments. The first tranche will vest on September 1, 2021, with an equal number of shares vesting on each of December 1, 2021 and March 1, 2022, and the balance of the shares vesting on June 1, 2022.