FORRESTER RESEARCH, INC. — Director's Dealing 2012

May 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORRESTER RESEARCH INC (FORR)
CIK: 0001023313
Period of Report: 2012-05-01

Reporting Person: Rutstein Charles (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-01	Common Stock	M	30000	$28.62	Acquired	32125	Direct
2012-05-01	Common Stock	S	26564	$35.42	Disposed	5561	Direct
2012-05-01	Common Stock	S	3436	$35.39	Disposed	2125	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-01	Non Qualified Stock Option (Right to Buy)	$28.62	M	30000	Disposed	2017-04-01	common stock (30000)	Direct