Dennis Woodside - Sep 1, 2022 Form 4 Insider Report for Freshworks Inc. (FRSH)

Signature
/s/ Pamela Sergeeff, Attorney-in-fact
Stock symbol
FRSH
Transactions as of
Sep 1, 2022
Transactions value $
$0
Form type
4
Date filed
9/2/2022, 07:50 PM
Previous filing
Jun 13, 2022
Next filing
Sep 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRSH Class A Common Stock Award $0 +1.73M $0.00 1.73M Sep 1, 2022 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 Stock Option (right to buy) Award $0 +1.82M $0.00 1.82M Sep 1, 2022 Class A Common Stock 1.82M $13.61 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 25% of the shares subject to the RSU will vest on September 1, 2023, and 6.25% of the shares subject to the RSU will vest quarterly thereafter, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2022 Inducement Plan).
F2 Represents 39,200 options granted pursuant to the Issuer's 2021 Equity Incentive Plan and 1,776,780 options granted pursuant to the Issuer's 2022 Inducement Plan.
F3 25% of the shares subject to the options vest on September 1, 2023 and 6.25% of the total number of shares subject to the options will vest quarterly thereafter, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan or 2022 Inducement Plan, as applicable).