Peter M. Barker - May 1, 2023 Form 4 Insider Report for ForgeRock, Inc. (FORG)

Signature
/s/ Samuel J. Fleischmann, by Power of Attorney for Peter M. Barker
Stock symbol
FORG
Transactions as of
May 1, 2023
Transactions value $
-$41,617
Form type
4
Date filed
5/3/2023, 04:39 PM
Previous filing
Apr 3, 2023
Next filing
May 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORG Class A Common Stock Conversion of derivative security +2.08K +0.95% 222K May 1, 2023 Direct F1
transaction FORG Class A Common Stock Sale -$41.6K -2.08K -0.94% $19.97 220K May 1, 2023 Direct F2, F3

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) Options Exercise $0 -2.08K -9.09% $0.00 20.8K May 1, 2023 Class B Common Stock 2.08K $4.83 Direct F1, F4
transaction FORG Class B Common Stock Options Exercise $0 +2.08K $0.00 2.08K May 1, 2023 Class A Common Stock 2.08K Direct F1
transaction FORG Class B Common Stock Conversion of derivative security $0 -2.08K -100% $0.00* 0 May 1, 2023 Class A Common Stock 2.08K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 The sale transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 1, 2022.
F3 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.
F4 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.