SEC Form 4 · accession 0001209191-18-028680
FORRESTER RESEARCH, INC. · FORR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Hornig
Director
Period of report
May 7, 2018
Accepted (ET)
May 8, 2018 · 5:55 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 | May 7, 2018 | M | 2,661 | $0.00 | A | 8,861 | D | |
| Common StockF2 | May 8, 2017 | S | 8,100 | $42.61 | D | 761 | 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 UnitsF5,F3,F4 | $0.00 | May 7, 2018 | M | 843 | D | — | — | common stock | 843 | 0 | D |
| Restricted Stock UnitsF5,F3,F6 | $0.00 | May 7, 2018 | M | 926 | D | — | — | common stock | 926 | 0 | D |
| Restricted Stock UnitsF5,F3,F7 | $0.00 | May 7, 2018 | M | 892 | D | — | — | common stock | 892 | 0 | D |
Explanation of responses
- F1Represents the conversion, upon vesting, of restricted stock units into common stock.
- F2This transaction was executed in multiple trades at prices ranging from $42.00 to $43.40. 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 or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
- F4On May 13, 2014, the reporting person was granted 3372 RSUs, vesting in four equal annual installments beginning on the first anniversary of the grant date. Effective May 7, 2018, 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.
- F5Each Restricted Stock Unit is the equivalent of one share of Forrester Research, Inc. common stock.
- F6On 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 May 7, 2018, 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.
- F7On 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 May 7, 2018, 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