FORRESTER RESEARCH, INC. — Director's Dealing 2013

May 17, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORRESTER RESEARCH, INC. (FORR)
CIK: 0001023313
Period of Report: 2013-05-16

Reporting Person: WELLES MICHAEL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-16	Common Stock	M	12500	$17.60	Acquired	22623	Direct
2013-05-16	Common Stock	S	12500	$36.27	Disposed	10123	Direct
2013-05-16	Common Stock	M	12500	$15.48	Acquired	22623	Direct
2013-05-16	Common Stock	S	11800	$36.27	Disposed	10823	Direct
2013-05-16	Common Stock	S	700	$36.29	Disposed	10123	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-16	Non-Qualified Stock Option (Right to Buy)	$17.60	M	12500	Disposed	2014-05-10	common stock (12500)	Direct
2013-05-16	Non-Qualified Stock Option (Right to Buy)	$15.48	M	12500	Disposed	2015-05-09	common stock (12500)	Direct