Leo Christian Finn - Mar 1, 2023 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role
Chief Financial Officer
Signature
Maite Garcia, attorney-in-fact for Leo C. Finn
Stock symbol
FORR
Transactions as of
Mar 1, 2023
Transactions value $
-$24,086
Form type
4
Date filed
3/3/2023, 03:57 PM
Previous filing
Oct 3, 2022
Next filing
Oct 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORR Common Stock Options Exercise $0 +2.48K +69.74% $0.00 6.05K Mar 1, 2023 Direct F1
transaction FORR Common Stock Tax liability -$24.1K -729 -12.06% $33.04 5.32K Mar 1, 2023 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 -2.48K -25.01% $0.00 7.45K Mar 1, 2023 common stock 2.48K $0.00 Direct F3, F4
transaction FORR Restricted Stock Units Award $0 +15.1K $0.00 15.1K Mar 1, 2023 common stock 15.1K Direct F3, F5
transaction FORR Non-Qualified Stock Option (Right to Buy) Award $0 +30.3K $0.00 30.3K Mar 1, 2023 common stock 30.3K $33.04 Direct 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 March 1, 2023 of the restricted stock units awarded to the reporting person on March 1, 2022. 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 March 1, 2022, the reporting person was granted 9,934 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 On March 1, 2023, the reporting person was granted 15,133 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.
F6 The Options become exercisable in four equal installments on the first, second, third, and fourth anniversaries of the grant date.