SEC Form 4 · accession 0001209191-17-051410
FORRESTER RESEARCH, INC. · FORR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Welles
Director
Period of report
Sep 1, 2017
Accepted (ET)
Sep 5, 2017 · 5:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001023313
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 1, 2017 | M | 2,661 | $0.00 | A | 20,097 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F2,F3 | $0.00 | Sep 1, 2017 | M | 843 | D | — | — | common stock | 843 | 0 | D |
| Restricted Stock UnitsF2,F5 | $0.00 | Sep 1, 2017 | M | 926 | D | — | — | common stock | 926 | 925 | D |
| Restricted Stock UnitsF2,F6 | $0.00 | Sep 1, 2017 | M | 892 | D | — | — | common stock | 892 | 1,784 | D |
Explanation of responses
- F1Represents the conversion, upon vesting, of restricted stock units into common stock.
- F2Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
- F3On May 13, 2014, the reporting person was granted 3374 RSUs, vesting in four equal annual installments beginning on the first anniversary of the grant date. Effective September 1, 2017, the Compensation and Nominating Committee accelerated the vesting of 843 RSUs in connection with the reporting person's resignation from the Company's board of directors.
- F4Each Restricted Stock Unit is the equivalent of one share of Forrester Research, Inc. common stock.
- F5On May 12, 2015, the reporting person was granted 3703 RSUs, vesting in four equal annual installments beginning on the first anniversary of the grant date. Effective September 1, 2017, the Compensation and Nominating Committee accelerated the vesting of 926 RSUs in connection with the reporting person's resignation from the Company's board of directors.
- F6On May 17, 2016, the reporting person was granted 3569 RSUs, vesting in four equal annual installments beginning on the first anniversary of the grant date. Effective September 1, 2017, the Compensation and Nominating Committee accelerated the vesting of 892 RSUs in connection with the reporting person's resignation from the Company's board of directors.