Carrie Johnson - 01 Nov 2021 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Signature
Maite Garcia, attorney-in-fact for Carrie Johnson
Issuer symbol
FORR
Transactions as of
01 Nov 2021
Net transactions value
-$11,844
Form type
4
Filing time
02 Nov 2021, 15:30:41 UTC
Previous filing
30 Aug 2021
Next filing
09 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORR Common Stock Options Exercise $0 +763 +15% $0.000000 5,808 01 Nov 2021 Direct F1
transaction FORR Common Stock Tax liability $11,844 -223 -3.8% $53.11 5,585 01 Nov 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 -763 -50% 763 01 Nov 2021 common stock 763 Direct F3, F4, F5
* 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 November 1, 2021 of the restricted stock units awarded to the reporting person on November 1, 2018. The award includes a provision for the withholding of shares by the Issuer to satisfy withholding taxes due as a result of the vesting of the award.
F3 Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
F4 On November 1, 2018, the reporting person was granted 3052 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.