Michael Kasparian - 01 Jun 2023 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Signature
Maite Garcia, attorney-in-fact for Michael Kasparian
Issuer symbol
FORR
Transactions as of
01 Jun 2023
Net transactions value
-$19,553
Form type
4
Filing time
02 Jun 2023, 13:09:18 UTC
Previous filing
03 Mar 2023
Next filing
03 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORR Common Stock Options Exercise $0 +2,298 +22% $0.000000 12,895 01 Jun 2023 Direct F1
transaction FORR Common Stock Tax liability $19,553 -674 -5.2% $29.01 12,221 01 Jun 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 -2,298 -50% $0.000000 2,298 01 Jun 2023 common stock 2,298 $0.000000 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 June 1, 2023 of the restricted stock units awarded to the reporting person on June 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 June 1, 2020, the reporting person was granted 9,194 Restricted Stock Units scheduled to 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.