Alexander Ott - Sep 20, 2021 Form 4 Insider Report for ForgeRock, Inc. (FORG)

Role
Director
Signature
/s/ Samuel J. Fleischmann, by Power of Attorney for Alexander Ott
Stock symbol
FORG
Transactions as of
Sep 20, 2021
Transactions value $
$0
Form type
4
Date filed
9/22/2021, 04:32 PM
Previous filing
Sep 15, 2021
Next filing
May 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORG Common Stock Conversion of derivative security $0 +385K $0.00 385K Sep 20, 2021 See Footnote F1, F2, F3, F4
transaction FORG Common Stock Other $0 -385K -100% $0.00* 0 Sep 20, 2021 See Footnote F1, F4
transaction FORG Common Stock Other $0 -504K -100% $0.00* 0 Sep 20, 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 Series A Preferred Stock Conversion of derivative security $0 -286K -100% $0.00* 0 Sep 20, 2021 Common Stock 286K See Footnote F2, F4
transaction FORG Series B Preferred Stock Conversion of derivative security $0 -99.1K -100% $0.00* 0 Sep 20, 2021 Common Stock 99.1K See Footnote F3, F4
transaction FORG Class B Common Stock Other $0 +504K $0.00 504K Sep 20, 2021 Class A Common Stock 504K Direct F1
transaction FORG Class B Common Stock Other $0 +385K $0.00 385K Sep 20, 2021 Class A Common Stock 385K See Footnote F1, F4
* 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 Each share of Series A 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 B 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 Shares held by CrossContinental Ventures. Mr. Ott has sole voting and dispositive control over the shares held by CrossContinental Ventures and thus may be deemed to beneficially own the shares held by CrossContinental Ventures.