Neil Bradford - Jun 1, 2023 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role: Director
Signature: Maite Garcia, attorney-in-fact for Neil Bradford
Stock symbol: FORR
Transactions as of: Jun 1, 2023
Transactions value $: -$1,654
Form type: 4
Date filed: 6/2/2023, 01:14 PM
Previous filing: Mar 3, 2023
Next filing: Sep 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FORR	Common Stock	Tax liability	-$1.65K	-57	-0.28%	$29.01	20.7K	Jun 1, 2023	Direct	F1
transaction	FORR	Common Stock	Award	$0	+4.14K	+20.02%	$0.00	24.8K	Jun 1, 2023	Direct	F2

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

Explanation of Responses:

Id	Content
F1	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, 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.
F2	The securities awarded on June 1, 2023 are in the form of Restricted Stock Units issued pursuant to the Forrester Research, Inc. Amended and Restated Equity Incentive Plan that entitle the reporting person, upon vesting, to receive one share of common stock per Restricted Stock Unit. The Restricted Stock Units will vest and convert into common stock in four equal and consecutive installments. The first tranche will vest on September 1, 2023, with an equal number of shares vesting on each of December 1, 2023 and March 1, 2024, and the balance of the shares vesting on June 1, 2024.

Content

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, 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.

The securities awarded on June 1, 2023 are in the form of Restricted Stock Units issued pursuant to the Forrester Research, Inc. Amended and Restated Equity Incentive Plan that entitle the reporting person, upon vesting, to receive one share of common stock per Restricted Stock Unit. The Restricted Stock Units will vest and convert into common stock in four equal and consecutive installments. The first tranche will vest on September 1, 2023, with an equal number of shares vesting on each of December 1, 2023 and March 1, 2024, and the balance of the shares vesting on June 1, 2024.