Brothers Mack 4
4 · FORRESTER RESEARCH, INC. · Filed Jun 4, 2018
Insider Transaction Report
Form 4
Brothers Mack
Chief Consulting Officer
Transactions
- Tax Payment
Common Stock
2018-06-01$42.50/sh−515$21,888→ 15,100 total - Exercise/Conversion
Restricted Stock Units (Right to Buy)
2018-06-01−1,750→ 3,500 total→ common stock (1,750 underlying) - Exercise/Conversion
Common Stock
2018-06-01+1,750→ 15,615 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 June 1, 2018 of the restricted stock units awarded to the reporting person on June 1, 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.
- [F3]Each Restricted Stock Unit represents the right to receive, following vesting, one share of Forrester Research, Inc. common stock.
- [F4]On June 1, 2016, the reporting person was granted 7000 Restricted Stock Units that vest and convert into common stock in four equal and consecutive installments beginning on first anniversary of the grant date.
- [F5]Each Restricted Stock Unit is the equivalent of one share of Forrester Research, Inc. common stock.