Scott Chouinard - Feb 1, 2023 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role: Chief Accounting Officer
Signature: Maite Garcia, attorney-in-fact for Scott Chouinard
Stock symbol: FORR
Transactions as of: Feb 1, 2023
Transactions value $: -$1,174
Form type: 4
Date filed: 2/3/2023, 02:48 PM
Previous filing: Aug 3, 2022
Next filing: Mar 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FORR	Common Stock	Options Exercise	$0	+90	+35.86%	$0.00	341	Feb 1, 2023	Acquired by Spouse	F1
transaction	FORR	Common Stock	Tax liability	-$1.17K	-31	-9.09%	$37.88	310	Feb 1, 2023	By Spouse	F2, F3
holding	FORR	Common Stock						4.02K	Feb 1, 2023	Direct

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	Award	$0	+181		$0.00	181	Feb 1, 2023	common stock	181	$0.00	Direct	F4, F5, F6
transaction	FORR	Restricted Stock Units	Award	$0	+59		$0.00	59	Feb 1, 2023	common stock	59	$0.00	By Spouse	F4, F6, F7

* 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 February 1, 2023 of the restricted stock units awarded to the reporting person's wife on February 1, 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	The reporting person acquired beneficial ownership of these shares upon his marriage to the owner of the shares on September 22, 2022.
F4	Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
F5	On February 1, 2023, the reporting person was granted 181 Restricted Stock Units that vest and convert into common stock on the first anniversary of the grant date.
F6	Each Restricted Stock Unit is the equivalent of one share of Forrester Research, Inc. common stock.
F7	On February 1, 2023, the reporting person's spouse was granted 59 Restricted Stock Units that vest and convert into common stock on the first anniversary of the grant date.