Rathnagirish Mathrubootham - 01 Nov 2024 Form 4 Insider Report for Freshworks Inc. (FRSH)

Role
EXECUTIVE CHAIRMAN, Director
Signature
/s/ Pamela Sergeeff, Attorney-in-Fact
Issuer symbol
FRSH
Transactions as of
01 Nov 2024
Transactions value $
-$889,073
Form type
4
Filing time
05 Nov 2024, 18:04:41 UTC
Previous filing
04 Sep 2024
Next filing
03 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRSH Class A Common Stock Conversion of derivative security $0 +73,782 +12.51% $0 663,696 01 Nov 2024 Direct
transaction FRSH Class A Common Stock Tax liability -$889,073 -73,782 -11.12% $12.05 589,914 01 Nov 2024 Direct F1

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 FRSH Restricted Stock Units Options Exercise $0 -187,500 -20% $0 750,000 01 Nov 2024 Class B Common Stock 187,500 Direct F2, F3
transaction FRSH Class B Common Stock Options Exercise $0 +187,500 +1.43% $0 13,264,605 01 Nov 2024 Class A Common Stock 187,500 Direct F4
transaction FRSH Class B Common Stock Conversion of derivative security $0 -73,782 -0.56% $0 13,190,823 01 Nov 2024 Class A Common Stock 73,782 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the settlement of Restricted Stock Units.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of Class B Common Stock.
F3 The shares of Class B Common Stock are to be acquired upon the vesting of a Restricted Stock Unit award granted to the Reporting Person. The Restricted Stock Units shall vest as follows: 1/16th of the shares subject to the restricted stock unit vest in equal three month installments over 48 months, commencing November 1, 2021, subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2011 Stock Plan).
F4 Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock, and has no expiration date.

Remarks:

Exhibit 24 - Power of Attorney