Carrie Johnson - 01 Mar 2023 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role
Chief Product Officer
Signature
Maite Garcia, attorney-in-fact for Carrie Johnson
Issuer symbol
FORR
Transactions as of
01 Mar 2023
Net transactions value
-$21,641
Form type
4
Filing time
03 Mar 2023, 16:06:29 UTC
Previous filing
22 Nov 2022
Next filing
03 Aug 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 +2,235 +41% $0.000000 7,627 01 Mar 2023 Direct F1
transaction FORR Common Stock Tax liability $21,641 -655 -8.6% $33.04 6,972 01 Mar 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 -2,235 -25% $0.000000 6,705 01 Mar 2023 common stock 2,235 $0.000000 Direct F3, F4
transaction FORR Restricted Stock Units Award $0 +15,133 $0.000000 15,133 01 Mar 2023 common stock 15,133 $0.000000 Direct F3, F5
transaction FORR Non-Qualified Stock Options (Right to Buy) Award $0 +30,266 $0.000000 30,266 01 Mar 2023 common stock 30,266 $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 8,940 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.