Juan P. Fernandez - Nov 17, 2021 Form 4 Insider Report for ForgeRock, Inc. (FORG)

Role
CFO, Executive VP - Global
Signature
/s/ Samuel J. Fleischmann, by Power of Attorney for Juan P. Fernandez
Stock symbol
FORG
Transactions as of
Nov 17, 2021
Transactions value $
-$151,942
Form type
4
Date filed
8/18/2023, 05:12 PM
Previous filing
Sep 22, 2021
Next filing
Dec 16, 2021

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 +133K +21.61% 748K Nov 17, 2021 Direct F1
transaction FORG Class A Common Stock Conversion of derivative security +18.1K +2.42% 767K Dec 3, 2021 Direct F1, F2
transaction FORG Class A Common Stock Sale -$152K -7.15K -0.93% $21.24 759K Aug 16, 2023 Direct F3, F4, F5

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 Class B Common Stock Conversion of derivative security $0 -133K -88.01% $0.00 18.1K Nov 17, 2021 Class A Common Stock 133K Direct F1
transaction FORG Class B Common Stock Conversion of derivative security $0 -18.1K -100% $0.00* 0 Dec 3, 2021 Class A Common Stock 18.1K 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 This number reflects the holdings of the Reporting Person as of August 16, 2023, immediately before the sale transaction reported in this Form 4.
F3 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 9, 2021, and as further amended August 22, 2022.
F4 The sale price represents the weighted average price of the shares sold ranging from $21.15 to $21.28 per share. Upon request by the Commission staff, ForgeRock, Inc. (the "Issuer") or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F5 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.