Leo Christian Finn - 01 Oct 2023 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Role: Chief Financial Officer
Signature: Maite Garcia, attorney-in-fact for Leo C. Finn
Issuer symbol: FORR
Transactions as of: 01 Oct 2023
Net transactions value: -$42,743
Form type: 4
Filing time: 02 Oct 2023, 14:59:05 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	+5,040	+95%	$0.000000	10,357	01 Oct 2023	Direct	F1
transaction	FORR	Common Stock	Tax liability	$42,743	-1,479	-14%	$28.90	8,878	01 Oct 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 (Right to Buy)	Options Exercise	$0	-5,040	-33%	$0.000000	10,080	01 Oct 2023	common stock	5,040	$0.000000	Direct	F3, F4

* 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 October 1, 2023 of the restricted stock units awarded to the reporting person on October 1, 2021. 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 October 1, 2021, the reporting person was granted 20,161 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.