Scott Chouinard - Aug 1, 2022 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Signature
Maite Garcia, attorney-in-fact for Scott Chouinard
Stock symbol
FORR
Transactions as of
Aug 1, 2022
Transactions value $
-$47,785
Form type
4
Date filed
8/3/2022, 03:32 PM
Previous filing
Apr 25, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORR Common Stock Sale -$23.6K -500 -14.72% $47.28 2.9K Aug 1, 2022 Direct F1
transaction FORR Common Stock Options Exercise $0 +1.38K +47.57% $0.00 4.28K Aug 1, 2022 Direct F2
transaction FORR Common Stock Tax liability -$24.1K -508 -11.88% $47.53 3.77K Aug 1, 2022 Direct F3

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 -203 -100% $0.00* 0 Aug 1, 2022 common stock 203 $0.00 Direct F4, F5, F6
transaction FORR Restricted Stock Units Options Exercise $0 -480 -50% $0.00 480 Aug 1, 2022 common stock 480 $0.00 Direct F4, F6, F7
transaction FORR Restricted Stock Units Options Exercise $0 -695 -33.37% $0.00 1.39K Aug 1, 2022 common stock 695 $0.00 Direct F4, F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $47.278 to $47.33. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 Represents the conversion, upon vesting, of restricted stock units into common stock.
F3 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, September 4, 2018, August 1, 2019 and August 3, 2020. 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.
F4 Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
F5 On September 4, 2018, the reporting person was granted 815 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments on August 1, 2019, August 1, 2020, August 1, 2021 and August 1, 2022.
F6 Each Restricted Stock Unit is the equivalent of one share of Forrester Research, Inc. common stock.
F7 On August 1, 2019, the reporting person was granted 1,922 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.
F8 On August 3, 2020, the reporting person was granted 2,778 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments on August 1, 2021, August 1, 2022, August 1, 2023 and August 1, 2024.