SEC Form 4 · accession 0001209191-17-051425
FORRESTER RESEARCH, INC. · FORR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Henk Broeders
Director
Period of report
Aug 31, 2017
Accepted (ET)
Sep 5, 2017 · 5:16 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 | Aug 31, 2017 | M | 8,568 | $23.41 | A | 26,030 | D | |
| Common Stock | Aug 31, 2017 | M | 8,801 | $31.96 | A | 34,831 | D | |
| Common Stock | Aug 31, 2017 | S | 17,369 | $41.00 | D | 17,462 | D | |
| Common StockF1 | Sep 1, 2017 | F | 114 | $40.60 | D | 17,348 | D | |
| Common Stock | Sep 1, 2017 | M | 2,661 | $0.00 | A | 20,009 | D | |
| Common StockF3 | Sep 1, 2017 | F | 397 | $40.60 | D | 19,612 | D | |
| Common Stock | Sep 5, 2017 | M | 100 | $31.96 | A | 19,712 | D | |
| Common Stock | Sep 5, 2017 | S | 100 | $41.00 | D | 19,612 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy) | $23.41 | Aug 31, 2017 | M | 8,568 | D | May 12, 2013 | May 11, 2019 | common stock | 8,568 | 0 | D |
| Non-Qualified Stock Option (Right to Buy) | $31.96 | Aug 31, 2017 | M | 8,801 | D | May 11, 2014 | May 10, 2020 | common stock | 8,801 | 3,199 | D |
| Restricted Stock UnitsF6,F4,F5 | $0.00 | Sep 1, 2017 | M | 843 | D | — | — | common stock | 843 | 0 | D |
| Restricted Stock UnitsF6,F4,F7 | $0.00 | Sep 1, 2017 | M | 926 | D | — | — | common stock | 926 | 925 | D |
| Restricted Stock UnitsF6,F4,F8 | $0.00 | Sep 1, 2017 | M | 892 | D | — | — | common stock | 892 | 1,784 | D |
| Non-Qualified Stock Option (Right to Buy) | $31.96 | Sep 5, 2017 | M | 100 | D | May 11, 2014 | May 10, 2020 | common stock | 100 | 3,099 | D |
Explanation of responses
- F1Represents shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting on September 1, 2017 of the restricted stock units awarded to the reporting person on June 1, 2017. 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.
- F2Represents the conversion, upon vesting, of restricted stock units into common stock.
- F3Represents shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting on September 1, 2017 of the restricted stock units awarded to the reporting person on May 1, 2014, May 12, 2015 and May 17, 2016. 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.
- F4Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
- F5On 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.
- F6Each Restricted Stock Unit is the equivalent of one share of Forrester Research, Inc. common stock.
- F7On 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.
- F8On 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.