Meritech Capital Associates IV L.L.C. - Mar 8, 2022 Form 4 Insider Report for ForgeRock, Inc. (FORG)

Role
10%+ Owner
Signature
Meritech Capital Associates IV L.L.C., /s/ Joel Backman, Attorney-in-Fact
Stock symbol
FORG
Transactions as of
Mar 8, 2022
Transactions value $
$0
Form type
4
Date filed
3/10/2022, 06:53 PM
Previous filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORG Class A Common Stock Other $0 -575K -14.54% $0.00 3.38M Mar 8, 2022 See Footnote F1, F2, F3
transaction FORG Class A Common Stock Other $0 -14.2K -14.54% $0.00 83.5K Mar 8, 2022 See Footnote F3, F4, F5
transaction FORG Class A Common Stock Other $0 +22K $0.00 22K Mar 8, 2022 Direct F6, F7
transaction FORG Class A Common Stock Other $0 +22K $0.00 22K Mar 8, 2022 Direct F8, F9
transaction FORG Class A Common Stock Other $0 +11K $0.00 11K Mar 8, 2022 The Shin-Sherman Trust F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 8, 2022, Meritech Capital Partners IV L.P. ("MCP IV") distributed, for no consideration, 575,000 shares of the Issuer's Class A Common Stock (the "MCP IV Shares") to its limited partners and to Meritech Capital Associates IV L.L.C. ("GP IV"), the general partner of MCP IV, representing each such partner's pro rata interest in such MCP IV Shares. On the same date, GP IV distributed, for no consideration, the MCP IV Shares it received in the distribution by MCP IV to its members, representing each such member's pro rata interest in such MCP IV Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
F2 Shares are held by 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.
F3 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.
F4 On March 8, 2022, Meritech Capital Affiliates IV L.P. ("MCA IV") distributed, for no consideration, 14,200 shares of the Issuer's Class A Common Stock (the "MCA IV Shares") to its limited partners and to GP IV, the general partner of MCA IV, representing each such partner's pro rata interest in such MCA IV Shares. On the same date, GP IV distributed, for no consideration, the MCA IV Shares it received in the distribution by MCA IV to its members, representing each such member's pro rata interest in such MCA IV Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
F5 Shares are held by 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.
F6 Represents shares received by Ward pursuant to pro rata distributions by MCP IV, MCA IV and GP IV, for no consideration, of shares of the Issuer's Class A Common Stock to their respective partners or members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
F7 Shares are held by Ward.
F8 Represents shares received by Bischof pursuant to pro rata distributions by MCP IV, MCA IV and GP IV, for no consideration, of shares of the Issuer's Class A Common Stock to their respective partners or members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
F9 Shares are held by Bischof.
F10 Represents shares received by The Shin-Sherman Trust pursuant to pro rata distributions by MCP IV, MCA IV and GP IV, for no consideration, of shares of the Issuer's Class A Common Stock to their respective partners or members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
F11 Shares are held by a family trust for which Sherman is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Sherman, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.