Paul S. Madera - Sep 20, 2021 Form 4 Insider Report for ForgeRock, Inc. (FORG)

Role: Director, 10%+ Owner
Signature: /s/ Samuel J. Fleischmann, by Power of Attorney for Paul S. Madera
Stock symbol: FORG
Transactions as of: Sep 20, 2021
Transactions value $: $0
Form type: 4
Date filed: 9/22/2021, 04:13 PM
Previous filing: Sep 15, 2021
Next filing: Oct 28, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FORG	Common Stock	Conversion of derivative security	$0	+3.57M	+919.54%	$0.00	3.95M	Sep 20, 2021	See Footnote	F1, F2, F3, F4, F5, F6
transaction	FORG	Common Stock	Conversion of derivative security	$0	+88.1K	+919.55%	$0.00	97.7K	Sep 20, 2021	See Footnote	F1, F2, F3, F4, F6, F7
transaction	FORG	Common Stock	Other	$0	-3.95M	-100%	$0.00^*	0	Sep 20, 2021	See Footnote	F1, F5, F6
transaction	FORG	Common Stock	Other	$0	-97.7K	-100%	$0.00^*	0	Sep 20, 2021	See Footnote	F1, F6, F7

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	FORG	Series C Preferred Stock	Conversion of derivative security	$0	-2.73M	-100%	$0.00^*	0	Sep 20, 2021	Common Stock	2.73M		See Footnote	F2, F5, F6
transaction	FORG	Series C Preferred Stock	Conversion of derivative security	$0	-67.5K	-100%	$0.00^*	0	Sep 20, 2021	Common Stock	67.5K		See Footnote	F2, F6, F7
transaction	FORG	Series D Preferred Stock	Conversion of derivative security	$0	-376K	-100%	$0.00^*	0	Sep 20, 2021	Common Stock	376K		See Footnote	F3, F5, F6
transaction	FORG	Series D Preferred Stock	Conversion of derivative security	$0	-9.28K	-100%	$0.00^*	0	Sep 20, 2021	Common Stock	9.28K		See Footnote	F3, F6, F7
transaction	FORG	Series E Preferred Stock	Conversion of derivative security	$0	-459K	-100%	$0.00^*	0	Sep 20, 2021	Common Stock	459K		See Footnote	F4, F5, F6
transaction	FORG	Series E Preferred Stock	Conversion of derivative security	$0	-11.3K	-100%	$0.00^*	0	Sep 20, 2021	Common Stock	11.3K		See Footnote	F4, F6, F7
transaction	FORG	Class B Common Stock	Other	$0	+3.95M		$0.00	3.95M	Sep 20, 2021	Class A Common Stock	3.95M		See Footnote	F1, F5, F6
transaction	FORG	Class B Common Stock	Other	$0	+97.7K		$0.00	97.7K	Sep 20, 2021	Class A Common Stock	97.7K		See Footnote	F1, F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to a reclassification exempt under Rule 16b-7 (the "Reclassification"), each share of ForgeRock, Inc.'s (the "Issuer") common stock, par value $0.001 per share (the "Common Stock"), was automatically reclassified into one share of the Issuer's Class B common stock, par value $0.001 per share (the "Class B Common Stock"), immediately prior to the closing of the initial pubic offering (the "IPO") of the Issuer's Class A common stock, par value $0.001 per share (the "Class A Common Stock"). Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. Additionally, each share of Class B Common Stock will, subject to certain conditions and exceptions, convert automatically into one share of Class A Common Stock upon any transfer.
F2	Each share of Series C Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the IPO and had no expiration date.
F3	Each share of Series D Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the IPO and had no expiration date.
F4	Each share of Series E Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the IPO and had no expiration date.
F5	Shares are held by Meritech Partners IV L.P. ("MCP IV"). Meritech Capital Associates IV L.L.C. ("GP IV"), the general partner of MCP IV, has sole voting and dispositive power with respect to the shares held by MCP IV. Paul Madera ("Madera"), George Bischof ("Bischof"), Craig Sherman ("Sherman") and Rob Ward ("Ward"), the managing members of GP IV, share the voting and dispositive power with respect to the shares held by MCP IV.
F6	Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.
F7	Shares are held by Meritech Capital Affiliates IV L.P. ("MCA IV"). GP IV, the general partner of MCA IV, has sole voting and dispositive power with respect to the shares held by MCA IV. Madera, Bischof, Sherman and Ward, the managing members of GP IV, share the voting and dispositive power with respect to the shares held by MCA IV.