Shirley Macbeth - Apr 1, 2023 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role
Chief Marketing Officer
Signature
Maite Garcia, attorney-in-fact for Shirley Macbeth
Stock symbol
FORR
Transactions as of
Apr 1, 2023
Transactions value $
-$25,395
Form type
4
Date filed
4/4/2023, 02:26 PM
Previous filing
Mar 3, 2023
Next filing
Aug 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORR Common Stock Options Exercise $0 +2.68K +45.8% $0.00 8.52K Apr 1, 2023 Direct F1
transaction FORR Common Stock Tax liability -$25.4K -785 -9.21% $32.35 7.73K Apr 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 -2.68K -50% $0.00 2.68K Apr 1, 2023 common stock 2.68K $0.00 Direct F3, F4, F5
* 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 April 1, 2023 of the restricted stock units awarded to the reporting person on April 1, 2020. 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 April 1, 2020, the reporting person was granted 10,704 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.