Francis C. Rosch - 20 Sep 2021 Form 4 Insider Report for ForgeRock, Inc.

Role
President & CEO, Director
Signature
/s/ Samuel J. Fleischmann, by Power of Attorney for Francis C. Rosch
Issuer symbol
N/A
Transactions as of
20 Sep 2021
Net transactions value
$0
Form type
4
Filing time
22 Sep 2021, 16:33:16 UTC
Previous filing
15 Sep 2021
Next filing
23 Feb 2022
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 -195,331 -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 -2,710,879 -100% $0.000000* 0 20 Sep 2021 Common Stock 2,710,879 $3.60 Direct F1, F2, F3
transaction FORG Stock Option (right to buy) Other $0 +2,710,879 $0.000000 2,710,879 20 Sep 2021 Class B Common Stock 2,710,879 $3.60 Direct F1, F2, F3
transaction FORG Stock Option (right to buy) Other $0 -400,000 -100% $0.000000* 0 20 Sep 2021 Common Stock 400,000 $4.83 Direct F1, F2, F4
transaction FORG Stock Option (right to buy) Other $0 +400,000 $0.000000 400,000 20 Sep 2021 Class B Common Stock 400,000 $4.83 Direct F1, F2, F4
transaction FORG Stock Option (right to buy) Other $0 -500,000 -100% $0.000000* 0 20 Sep 2021 Common Stock 500,000 $7.86 Direct F1, F2, F5
transaction FORG Stock Option (right to buy) Other $0 +500,000 $0.000000 500,000 20 Sep 2021 Class B Common Stock 500,000 $7.86 Direct F1, F2, F5
transaction FORG Class B Common Stock Other $0 +195,331 $0.000000 195,331 20 Sep 2021 Class A Common Stock 195,331 $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 Option granted under the Issuer's 2012 Plan. Twenty-five percent (25%) of the shares subject to the option vested on June 29, 2019; 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.
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 February 1, 2022; 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.