Statement of Changes in Beneficial Ownership (4)
August 05 2020 - 6:28PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Kottmann Sherri |
2. Issuer Name and Ticker or Trading Symbol
FORRESTER RESEARCH, INC.
[
FORR
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief People Officer |
(Last)
(First)
(Middle)
C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE |
3. Date of Earliest Transaction
(MM/DD/YYYY)
8/1/2020 |
(Street)
CAMBRIDGE, MA 02140
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 8/1/2020 | | M(1) | | 338 | A | $0.00 | 2625 | D | |
Common Stock | 8/1/2020 | | F | | 98 (2) | D | $35.11 | 2527 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Restricted Stock Units | $0.00 (3) | 8/1/2020 | | M | | | 168 | (4) | (4) | common stock | 168 | $0.00 (5) | 168 | D | |
Restricted Stock Units | $0.00 (3) | 8/1/2020 | | M | | | 170 | (6) | (6) | common stock | 170 | $0.00 (5) | 340 | D | |
Restricted Stock Units | $0.00 (3) | 8/3/2020 | | A | | 7641 | | (7) | (7) | common stock | 7641 | $0.00 (5) | 7641 | D | |
Explanation of Responses: |
(1) | Represents the conversion, upon vesting, of restricted stock units into common stock. |
(2) | Represents shares withheld by the Issuer to satisfy tax withholding obligations upon the vesting on August 1, 2020 of the restricted stock units awarded to the reporting person on August 1, 2017 and August 1, 2018. 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. |
(3) | Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock. |
(4) | On August 1, 2017, the reporting person was granted 673 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. |
(5) | Each Restricted Stock Unit is the equivalent of one share of Forrester Research, Inc. common stock. |
(6) | On August 1, 2018, the reporting person was granted 681 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. |
(7) | 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. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Kottmann Sherri C/O FORRESTER RESEARCH, INC. 60 ACORN PARK DRIVE CAMBRIDGE, MA 02140 |
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| Chief People Officer |
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Signatures
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Maite Garcia, attorney-in-fact for Sherri Kottmann | | 8/5/2020 |
**Signature of Reporting Person | Date |
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