Carrie Johnson - Aug 1, 2021 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role: Chief Research Officer
Signature: Maite Garcia, attorney-in-fact for Carrie Johnson
Stock symbol: FORR
Transactions as of: Aug 1, 2021
Transactions value $: -$81,191
Form type: 4
Date filed: 8/4/2021, 10:55 AM
Next filing: Aug 11, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FORR	Common Stock	Options Exercise	$0	+5.89K	+175.66%	$0.00	9.24K	Aug 1, 2021	Direct	F1
transaction	FORR	Common Stock	Tax liability	-$81.2K	-1.73K	-18.76%	$46.85	7.51K	Aug 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	-661	-100%	$0.00^*	0	Aug 1, 2021	common stock	661	$0.00	Direct	F3, F4, F5
transaction	FORR	Restricted Stock Units	Options Exercise	$0	-585	-50%	$0.00	585	Aug 1, 2021	common stock	2.34K	$0.00	Direct	F3, F5, F6
transaction	FORR	Restricted Stock Units	Options Exercise	$0	-2.21K	-33.33%	$0.00	4.42K	Aug 1, 2021	common stock	2.21K	$0.00	Direct	F3, F5, F7
transaction	FORR	Restricted Stock Units	Options Exercise	$0	-2.43K	-25%	$0.00	7.29K	Aug 1, 2021	common stock	2.43K	$0.00	Direct	F3, F5, F8
transaction	FORR	Restricted Stock Units	Options Exercise	$0	+8.01K		$0.00	8.01K	Aug 2, 2021	common stock	8.01K	$0.00	Direct	F3, F5, F9

* 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 August 1, 2021 of the restricted stock units awarded to the reporting person on August 1, 2017, August 1, 2018, August 1, 2019 and August 3, 2020. 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 August 1, 2017, the reporting person was granted 2,644 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 August 1, 2018, the reporting person was granted 2,342 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.
F7	On August 1, 2019, the reporting person was granted 8,844 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.
F8	On August 3, 2020, the reporting person was granted 9,724 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments on August 1, 2021, August 1, 2022, August 1, 2023 and August 1, 2024.
F9	On August 2, 2021, the reporting person was granted 8,014 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments on August 1, 2022, August 1, 2023, August 1, 2024 and August 1, 2025.