Juan P. Fernandez - 20 Sep 2021 Form 4 Insider Report for ForgeRock, Inc.

Role
CFO, Executive VP - Global
Signature
/s/ Samuel J. Fleischmann, by Power of Attorney for Juan P. Fernandez
Issuer symbol
N/A
Transactions as of
20 Sep 2021
Net transactions value
$0
Form type
4
Filing time
22 Sep 2021, 16:30:45 UTC
Previous filing
15 Sep 2021
Next filing
18 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORG Common Stock Other $0 -234,553 -100% $0.000000* 0 20 Sep 2021 Direct F1

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 Stock Option (right to buy) Other $0 -276,685 -100% $0.000000* 0 20 Sep 2021 Common Stock 276,685 $0.4300 Direct F1, F2, F3
transaction FORG Stock Option (right to buy) Other $0 +276,685 $0.000000 276,685 20 Sep 2021 Class B Common Stock 276,685 $0.4300 Direct F1, F2, F3
transaction FORG Stock Option (right to buy) Other $0 -20,221 -100% $0.000000* 0 20 Sep 2021 Common Stock 20,221 $1.68 Direct F1, F2, F3
transaction FORG Stock Option (right to buy) Other $0 +20,221 $0.000000 20,221 20 Sep 2021 Class B Common Stock 20,221 $1.68 Direct F1, F2, F3
transaction FORG Stock Option (right to buy) Other $0 -108,745 -100% $0.000000* 0 20 Sep 2021 Common Stock 108,745 $2.70 Direct F1, F2, F3
transaction FORG Stock Option (right to buy) Other $0 +108,745 $0.000000 108,745 20 Sep 2021 Class B Common Stock 108,745 $2.70 Direct F1, F2, F3
transaction FORG Stock Option (right to buy) Other $0 -130,000 -100% $0.000000* 0 20 Sep 2021 Common Stock 130,000 $4.83 Direct F1, F2, F4
transaction FORG Stock Option (right to buy) Other $0 +130,000 $0.000000 130,000 20 Sep 2021 Class B Common Stock 130,000 $4.83 Direct F1, F2, F4
transaction FORG Stock Option (right to buy) Other $0 -300,000 -100% $0.000000* 0 20 Sep 2021 Common Stock 300,000 $4.83 Direct F1, F2, F5
transaction FORG Stock Option (right to buy) Other $0 +300,000 $0.000000 300,000 20 Sep 2021 Class B Common Stock 300,000 $4.83 Direct F1, F2, F5
transaction FORG Class B Common Stock Other $0 +234,553 $0.000000 234,553 20 Sep 2021 Class A Common Stock 234,553 $0.000000 Direct F1
* 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 public 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 Effective upon the occurrence of the Reclassification, all stock options outstanding under the Issuer's 2012 Equity Incentive Plan (the "2012 Plan") cover shares of Class B Common Stock.
F3 All of the shares subject to the option are fully vested and exercisable as of the date hereof.
F4 Option granted under the Issuer's 2012 Plan. Twenty-five percent (25%) of the shares subject to the option vested on March 1, 2021; thereafter, the remaining number of shares subject to the option vest in equal monthly installments over the following thirty-six (36) months, subject to the Reporting Person continuing as a service provider through each such date.
F5 Option granted under the Issuer's 2012 Plan. Twenty-five percent (25%) of the shares subject to the option will vest on October 7, 2021; thereafter, the remaining number of shares subject to the option vest in equal monthly installments over the following thirty-six (36) months, subject to the Reporting Person continuing as a service provider through each such date.