Barry L. Padgett - Jun 17, 2022 Form 4 Insider Report for Freshworks Inc. (FRSH)

Role
Director
Signature
/s/ Pamela Sergeeff, Attorney-in-fact
Stock symbol
FRSH
Transactions as of
Jun 17, 2022
Transactions value $
-$2,560,500
Form type
4
Date filed
6/21/2022, 05:20 PM
Previous filing
May 31, 2022
Next filing
Jun 29, 2022

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 +225K +20871.99% $0.00 226K Jun 17, 2022 Direct
transaction FRSH Class A Common Stock Sale -$2.56M -225K -99.52% $11.38 1.08K Jun 17, 2022 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 Class B Common Stock Options Exercise $0 +225K $0.00* 0 Jun 17, 2022 Class A Common Stock 225K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax obligations in connection with the vesting of restricted stock units ("RSUs").
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.01 to $11.63 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 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.