Michael Kasparian - 01 Aug 2022 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role: Chief Information Officer
Signature: Maite Garcia, attorney-in-fact for Michael Kasparian
Issuer symbol: FORR
Transactions as of: 01 Aug 2022
Net transactions value: -$26,427
Form type: 4
Filing time: 03 Aug 2022, 15:15:47 UTC
Previous filing: 03 Jun 2022
Next filing: 03 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FORR	Common Stock	Options Exercise	$0	+1,898	+23%	$0.000000	10,047	01 Aug 2022	Direct	F1
transaction	FORR	Common Stock	Tax liability	$26,427	-556	-5.5%	$47.53	9,491	01 Aug 2022	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	$0	-383	-100%	$0.000000^*	0	01 Aug 2022	common stock	383	$0.000000	Direct	F3, F4, F5
transaction	FORR	Restricted Stock Units	Options Exercise	$0	-1,515	-25%	$0.000000	4,544	01 Aug 2022	common stock	1,515	$0.000000	Direct	F3, F5, F6

* 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 August 1, 2022 of the restricted stock units awarded to the reporting person on August 1, 2018 and August 2, 2021. The awards include a provision for the withholding of shares by the Issuer to satisfy withholding taxes due as a result of the vesting of the awards.
F3	Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
F4	On August 1, 2018, the reporting person was granted 1,533 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.
F6	On August 2, 2021, the reporting person was granted 6,059 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments beginning on August 1, 2022, August 1, 2023, August 1, 2024 and August 1, 2025.