Peter M. Barker - May 1, 2023 Form 4 Insider Report for ForgeRock, Inc. (FORG)

Role: Chief Product Officer & EVP
Signature: /s/ Samuel J. Fleischmann, by Power of Attorney for Peter M. Barker
Stock symbol: FORG
Transactions as of: May 1, 2023
Transactions value $: -$41,617
Form type: 4
Date filed: 5/3/2023, 04:39 PM
Previous filing: Apr 3, 2023
Next filing: May 24, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FORG	Class A Common Stock	Conversion of derivative security		+2.08K	+0.95%		222K	May 1, 2023	Direct	F1
transaction	FORG	Class A Common Stock	Sale	-$41.6K	-2.08K	-0.94%	$19.97	220K	May 1, 2023	Direct	F2, 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	FORG	Stock Option (right to buy)	Options Exercise	$0	-2.08K	-9.09%	$0.00	20.8K	May 1, 2023	Class B Common Stock	2.08K	$4.83	Direct	F1, F4
transaction	FORG	Class B Common Stock	Options Exercise	$0	+2.08K		$0.00	2.08K	May 1, 2023	Class A Common Stock	2.08K		Direct	F1
transaction	FORG	Class B Common Stock	Conversion of derivative security	$0	-2.08K	-100%	$0.00^*	0	May 1, 2023	Class A Common Stock	2.08K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-for-one basis at the Reporting Person's election and has no expiration date.
F2	The sale transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 1, 2022.
F3	Certain of these securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F4	Twenty-five percent (25%) of the shares subject to the option vested on March 1, 2021; thereafter, the remaining number of shares subject to the option vest in equal monthly installments over the following thirty-six (36) months, subject to the Reporting Person continuing as a service provider through each such date.