Condon Cliff 4
4 · FORRESTER RESEARCH, INC. · Filed Aug 7, 2017
Insider Transaction Report
Form 4
Condon Cliff
Chief Research Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2017-08-03−1,875→ 3,750 totalExercise: $0.00→ common stock (1,875 underlying) - Tax Payment
Common Stock
2017-08-03$40.70/sh−772$31,420→ 17,015 total - Exercise/Conversion
Common Stock
2017-08-03+1,875→ 17,787 total
Footnotes (5)
- [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 3, 2017 of the restricted stock units awarded to the reporting person on August 3, 2015. 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.
- [F3]Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
- [F4]On August 3, 2015, the reporting person was granted 7500 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.
- [F5]Each Restricted Stock Unit is the equivalent of one share of Forrester Research, Inc. common stock.