Filing Details
- Accession Number:
- 0001209191-22-060499
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-12-09 16:30:50
- Reporting Period:
- 2022-12-07
- Accepted Time:
- 2022-12-09 16:30:50
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1543916 | Forgerock Inc. | FORG | Services-Prepackaged Software (7372) | 331223363 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1882657 | Jr. K Peter Angstadt | C/O Forgerock, Inc. 201 Mission Street, Suite 2900 San Francisco CA 94105 | Chief Revenue Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2022-12-07 | 75,000 | $0.00 | 196,654 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2022-12-07 | 75,000 | $21.37 | 121,654 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2022-12-08 | 75,000 | $0.00 | 196,654 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2022-12-08 | 75,000 | $21.47 | 121,654 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct | |
| No | 4 | C | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class B Common Stock | Stock Option (right to buy) | Disposition | 2022-12-07 | 75,000 | $0.00 | 75,000 | $3.72 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2022-12-07 | 75,000 | $0.00 | 75,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2022-12-07 | 75,000 | $0.00 | 75,000 | $0.00 |
| Class B Common Stock | Stock Option (right to buy) | Disposition | 2022-12-08 | 75,000 | $0.00 | 75,000 | $3.72 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2022-12-08 | 75,000 | $0.00 | 75,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2022-12-08 | 75,000 | $0.00 | 75,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 97,989 | 2028-12-21 | No | 4 | M | Direct | |
| 75,000 | No | 4 | M | Direct | ||
| 0 | No | 4 | C | Direct | ||
| 270,977 | 2028-12-21 | No | 4 | M | Direct | |
| 75,000 | No | 4 | M | Direct | ||
| 0 | No | 4 | C | Direct |
Footnotes
- 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.
- The sale price represents the weighted average price of the shares sold ranging from $21.35 to $21.43 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.
- The sale price represents the weighted average price of the shares sold ranging from $21.405 to $21.51 per share. Upon request by the Commission staff, 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.
- Option granted under the Issuer's 2012 Equity Incentive Plan (the "2012 Plan") and is subject to performance vesting requirements. The shares underlying this option vest, subject to the Reporting Person continuing as a Service Provider, upon the satisfaction of certain performance-based conditions, provided that such performance-based conditions occur prior to December 22, 2028. The performance-based conditions are based on the Issuer achieving certain performance targets. The performance-based conditions were satisfied as to 50% on July 23, 2020.
- Option granted under the Issuer's 2012 Plan. Twenty-five percent (25%) of the shares subject to the option vested on December 17, 2019; 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.
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