Juan P. Fernandez - Sep 15, 2021 Form 3 Insider Report for ForgeRock, Inc. (FORG)

Role
CFO, Executive VP - Global
Signature
/s/ Samuel J. Fleischmann, by Power of Attorney for Juan P. Fernandez
Stock symbol
FORG
Transactions as of
Sep 15, 2021
Transactions value $
$0
Form type
3
Date filed
9/15/2021, 05:12 PM
Next filing
Sep 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FORG Common Stock 286K Sep 15, 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding FORG Stock Option (right to buy) Sep 15, 2021 Common Stock 277K $0.43 Direct F1, F3
holding FORG Stock Option (right to buy) Sep 15, 2021 Common Stock 20.2K $1.68 Direct F1, F3
holding FORG Stock Option (right to buy) Sep 15, 2021 Common Stock 109K $2.70 Direct F1, F3
holding FORG Stock Option (right to buy) Sep 15, 2021 Common Stock 130K $4.83 Direct F1, F4
holding FORG Stock Option (right to buy) Sep 15, 2021 Common Stock 300K $4.83 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Prior to the closing of the initial public offering of Class A common stock, par value $0.001 per share ("Class A Common Stock"), of ForgeRock, Inc. (the "Issuer"), each share of the Issuer's common stock, par value $0.001 per share ("Common Stock") will be reclassified into one share of the Issuer's Class B common stock, par value $0.001 per share ("Class B 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. Additionally, each share of Class B Common Stock will, subject to certain exceptions, convert automatically into one share of Class A Common Stock upon any transfer.
F2 Certain of these securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F3 All of the shares subject to this are fully vested and exercisable as of the date hereof.
F4 Option granted under the Issuer's 2012 Equity Incentive Plan ("2012 Plan"). Twenty-five percent (25%) of the shares subject to the option vested on March 1, 2021; thereafter, the remaining number of shares subject to the option vest in equal monthly installments over the following thirty-six (36) months, subject to the Reporting Person continuing as a service provider through each such date.
F5 Option granted under the Issuer's 2012 Plan. Twenty-five percent (25%) of the shares subject to the option will vest on October 7, 2021; thereafter, the remaining number of shares subject to the option shall vest in equal monthly installments over the following thirty-six (36) months, subject to the Reporting Person continuing as a service provider through each such date..

Remarks:

Exhibit 24 - Power of Attorney