Jennifer H. Taylor - 10 Mar 2025 Form 4 Insider Report for Freshworks Inc. (FRSH)

Role
Director
Signature
/s/ Pamela Sergeeff, Attorney-in-Fact
Issuer symbol
FRSH
Transactions as of
10 Mar 2025
Net transactions value
-$70,228
Form type
4
Filing time
12 Mar 2025, 17:06:35 UTC
Previous filing
18 Feb 2025
Next filing
03 Apr 2025
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 +4,685 +13% $0.000000 41,971 10 Mar 2025 Direct
transaction FRSH Class A Common Stock Sale $70,228 -4,685 -11% $14.99 37,286 10 Mar 2025 Direct F1, F2

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 -9,370 -14% $0.000000 56,250 10 Mar 2025 Class B Common Stock 9,370 Direct F3, F4
transaction FRSH Class B Common Stock Options Exercise $0 +9,370 +5.7% $0.000000 173,455 10 Mar 2025 Class A Common Stock 9,370 Direct F5
transaction FRSH Class B Common Stock Conversion of derivative security $0 -4,685 -2.7% $0.000000 168,770 10 Mar 2025 Class A Common Stock 4,685 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted February 28, 2024.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.71 to $15.30 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote.
F3 Each Restricted Stock Unit represents a contingent right to receive one share of Class B Common Stock.
F4 The shares of Class B Common Stock underlying the RSU award granted under the Issuer's 2011 Stock Plan vest in equal monthly installments over 48 months following September 10, 2021, subject to the Reporting Person's continued service through each vesting date.
F5 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.