Sharyn Leaver - 01 Aug 2023 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role: Chief Research Officer
Signature: Maite Garcia, attorney-in-fact for Sharyn Leaver
Issuer symbol: FORR
Transactions as of: 01 Aug 2023
Net transactions value: -$19,900
Form type: 4
Filing time: 03 Aug 2023, 15:00:38 UTC
Previous filing: 03 Mar 2023
Next filing: 05 Mar 2024
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	+2,109	+30%	$0.000000	9,203	01 Aug 2023	Direct	F1
transaction	FORR	Common Stock	Tax liability	$19,900	-614	-6.7%	$32.41	8,589	01 Aug 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	-589	-100%	$0.000000^*	0	01 Aug 2023	common stock	589	$0.000000	Direct	F3, F4
transaction	FORR	Restricted Stock Units	Options Exercise	$0	-694	-50%	$0.000000	694	01 Aug 2023	common stock	694	$0.000000	Direct	F3, F5
transaction	FORR	Restricted Stock Units	Options Exercise	$0	-826	-33%	$0.000000	1,652	01 Aug 2023	common stock	826	$0.000000	Direct	F3, 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 August 1, 2023 of the restricted stock units awarded to the reporting person on August 1, 2019, August 3, 2020 and August 2, 2021. The awards include a provision for the withholding of shares by the Issuer to satisfy withholding taxes due as a result of the vesting of the awards.
F3	Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
F4	On August 1, 2019, the reporting person was granted 2358 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 August 3, 2020, the reporting person was granted 2778 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments on August 1, 2021, August 1, 2022, August 1, 2023 and August 1, 2024.
F6	On August 2, 2021, the reporting person was granted 3305 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments on August 1, 2022, August 1, 2023, August 1, 2024 and August 1, 2025.