Ryan Darrah - 01 Aug 2024 Form 4 Insider Report for FORRESTER RESEARCH, INC. (FORR)

Signature
Maite Garcia, attorney-in-fact for Ryan Darrah
Issuer symbol
FORR
Transactions as of
01 Aug 2024
Transactions value $
-$104,757
Form type
4
Date filed
05 Aug 2024, 13:15
Previous filing
03 Apr 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORR Common Stock Options Exercise $0 +3.43K +15.66% $0.00 25.3K 01 Aug 2024 Direct F1
transaction FORR Common Stock Tax liability -$19.1K -1K -3.97% $19.03 24.3K 01 Aug 2024 Direct F2
transaction FORR Common Stock Sale -$14.5K -761 -3.13% $19.07 23.5K 02 Aug 2024 Direct F3
transaction FORR Common Stock Sale -$71.1K -3.9K -16.55% $18.26 19.6K 05 Aug 2024 Direct F4

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 -1.91K -100% $0.00* 0 01 Aug 2024 common stock 1.91K $0.00 Direct F5, F6
transaction FORR Restricted Stock Units Options Exercise $0 -1.52K -50.02% $0.00 1.51K 01 Aug 2024 common stock 1.52K $0.00 Direct F5, F7
* 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, 2024 of the restricted stock units awarded to the reporting person on 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 This transaction was executed in multiple trades at prices ranging from $19.06 to $19.07. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer ora security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $18.00 to $18.60. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer ora security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5 Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
F6 On August 3, 2020, the reporting person was granted 7,641 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.
F7 On August 2, 2021, the reporting person was granted 6,059 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.