MADERA PAUL S 4
4 · ForgeRock, Inc. · Filed Sep 22, 2021
Insider Transaction Report
Form 4
ForgeRock, Inc.FORG
MADERA PAUL S
Director10% Owner
Transactions
- Other
Common Stock
2021-09-20−3,954,737→ 0 total(indirect: See Footnote) - Other
Common Stock
2021-09-20−97,663→ 0 total(indirect: See Footnote) - Conversion
Series C Preferred Stock
2021-09-20−67,478→ 0 total(indirect: See Footnote)→ Common Stock (67,478 underlying) - Conversion
Series D Preferred Stock
2021-09-20−375,867→ 0 total(indirect: See Footnote)→ Common Stock (375,867 underlying) - Conversion
Series E Preferred Stock
2021-09-20−11,324→ 0 total(indirect: See Footnote)→ Common Stock (11,324 underlying) - Conversion
Common Stock
2021-09-20+88,084→ 97,663 total(indirect: See Footnote) - Conversion
Series D Preferred Stock
2021-09-20−9,282→ 0 total(indirect: See Footnote)→ Common Stock (9,282 underlying) - Conversion
Series E Preferred Stock
2021-09-20−458,532→ 0 total(indirect: See Footnote)→ Common Stock (458,532 underlying) - Conversion
Common Stock
2021-09-20+3,566,841→ 3,954,737 total(indirect: See Footnote) - Conversion
Series C Preferred Stock
2021-09-20−2,732,442→ 0 total(indirect: See Footnote)→ Common Stock (2,732,442 underlying) - Other
Class B Common Stock
2021-09-20+3,954,737→ 3,954,737 total(indirect: See Footnote)→ Class A Common Stock (3,954,737 underlying) - Other
Class B Common Stock
2021-09-20+97,663→ 97,663 total(indirect: See Footnote)→ Class A Common Stock (97,663 underlying)
Footnotes (7)
- [F1]Pursuant to a reclassification exempt under Rule 16b-7 (the "Reclassification"), each share of ForgeRock, Inc.'s (the "Issuer") common stock, par value $0.001 per share (the "Common Stock"), was automatically reclassified into one share of the Issuer's Class B common stock, par value $0.001 per share (the "Class B Common Stock"), immediately prior to the closing of the initial pubic offering (the "IPO") of the Issuer's Class A common stock, par value $0.001 per share (the "Class A Common Stock"). Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. Additionally, each share of Class B Common Stock will, subject to certain conditions and exceptions, convert automatically into one share of Class A Common Stock upon any transfer.
- [F2]Each share of Series C Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the IPO and had no expiration date.
- [F3]Each share of Series D Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the IPO and had no expiration date.
- [F4]Each share of Series E Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the IPO and had no expiration date.
- [F5]Shares are held by Meritech Partners IV L.P. ("MCP IV"). Meritech Capital Associates IV L.L.C. ("GP IV"), the general partner of MCP IV, has sole voting and dispositive power with respect to the shares held by MCP IV. Paul Madera ("Madera"), George Bischof ("Bischof"), Craig Sherman ("Sherman") and Rob Ward ("Ward"), the managing members of GP IV, share the voting and dispositive power with respect to the shares held by MCP IV.
- [F6]Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.
- [F7]Shares are held by Meritech Capital Affiliates IV L.P. ("MCA IV"). GP IV, the general partner of MCA IV, has sole voting and dispositive power with respect to the shares held by MCA IV. Madera, Bischof, Sherman and Ward, the managing members of GP IV, share the voting and dispositive power with respect to the shares held by MCA IV.