Scott Chouinard - Aug 1, 2023 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role
Chief Accounting Officer
Signature
Maite Garcia, attorney-in-fact for Scott Chouinard
Stock symbol
FORR
Transactions as of
Aug 1, 2023
Transactions value $
-$11,117
Form type
4
Date filed
8/3/2023, 03:07 PM
Previous filing
Mar 3, 2023
Next filing
Aug 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORR Common Stock Options Exercise $0 +1.17K +25.49% $0.00 5.78K Aug 1, 2023 Direct F1
transaction FORR Common Stock Tax liability -$11.1K -343 -5.93% $32.41 5.44K Aug 1, 2023 Direct F2
holding FORR Common Stock 512 Aug 1, 2023 By spouse

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 -480 -100% $0.00* 0 Aug 1, 2023 common stock 480 $0.00 Direct F3, F4
transaction FORR Restricted Stock Units Options Exercise $0 -694 -50% $0.00 694 Aug 1, 2023 common stock 694 $0.00 Direct F3, F5
transaction FORR Restricted Stock Units Award $0 +3.7K $0.00 3.7K Aug 1, 2023 common stock 3.7K $0.00 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 and August 3, 2020. 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 1,922 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 2,778 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 1, 2023, the reporting person was granted 3,702 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.