Rosch Francis C 4
4 · ForgeRock, Inc. · Filed Jun 14, 2023
Insider Transaction Report
Form 4
ForgeRock, Inc.FORG
Rosch Francis C
DirectorPresident & CEO
Transactions
- Sale
Class A Common Stock
2023-06-12$19.49/sh−50,000$974,445→ 545,742 total - Exercise/Conversion
Stock Option (right to buy)
2023-06-12−50,000→ 2,660,879 totalExercise: $3.60Exp: 2028-06-28→ Class B Common Stock (50,000 underlying) - Exercise/Conversion
Class B Common Stock
2023-06-12+50,000→ 245,331 total→ Class A Common Stock (50,000 underlying) - Conversion
Class B Common Stock
2023-06-12−50,000→ 195,331 total→ Class A Common Stock (50,000 underlying) - Conversion
Class A Common Stock
2023-06-12+50,000→ 595,742 total
Footnotes (5)
- [F1]Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-for-one basis at the Reporting Person's election and has no expiration date.
- [F2]Certain of these securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
- [F3]The sale transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2023.
- [F4]The sale price represents the weighted average price of the shares sold ranging from $19.43 to $19.565 per share. Upon request by the Commission staff, ForgeRock, Inc. (the "Issuer") or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- [F5]This option is fully vested and immediately exercisable.