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

Role
Chief Sales Officer
Signature
Maite Garcia, attorney-in-fact for Kelley Hippler
Stock symbol
FORR
Transactions as of
Aug 1, 2021
Transactions value $
-$135,069
Form type
4
Date filed
8/4/2021, 11:11 AM
Next filing
Nov 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORR Common Stock Options Exercise $0 +5.73K +28.5% $0.00 25.8K Aug 1, 2021 Direct F1
transaction FORR Common Stock Tax liability -$135K -2.88K -11.17% $46.85 22.9K 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 -2.95K -33.33% 5.9K Aug 1, 2021 common stock 2.95K $0.00 Direct F3, F4, F5
transaction FORR Restricted Stock Units Options Exercise -2.78K -25% 8.34K Aug 1, 2021 common stock 2.78K $0.00 Direct F3, F6
transaction FORR Restricted Stock Units Award +11K 11K Aug 2, 2021 common stock 11K $0.00 Direct F3, F5, F7
* 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, 2019, the reporting person was granted 11,792 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 3, 2020, the reporting person was granted 11,114 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.
F7 On August 2, 2021, the reporting person was granted 11,018 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.