Juan P. Fernandez - Sep 15, 2021 Form 4 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 $
-$1,294,625
Form type
4
Date filed
9/17/2021, 04:53 PM
Next filing
Sep 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORG Common Stock Tax liability -$1.29M -51.8K -18.09% $25.00 235K 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
transaction FORG Stock Option (right to buy) Award $0 +87.3K $0.00 87.3K Sep 15, 2021 Class A Common Stock 87.3K $25.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the completion of the initial public offering of the 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 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting of restricted stock units.
F3 One-fourth (1/4th) of the shares subject to the option will vest on September 15, 2022, and one forty-eighth (1/48th) of the shares subject to the option will vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.