Jennifer H. Taylor - Sep 10, 2022 Form 4 Insider Report for Freshworks Inc. (FRSH)

Role: Director
Signature: /s/ Pamela Sergeeff, Attorney-in-fact
Stock symbol: FRSH
Transactions as of: Sep 10, 2022
Transactions value $: -$69,853
Form type: 4
Date filed: 9/13/2022, 08:01 PM
Previous filing: Aug 10, 2022
Next filing: Oct 4, 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	+4.69K	+29.39%	$0.00	20.6K	Sep 12, 2022	Direct
transaction	FRSH	Class A Common Stock	Sale	-$69.9K	-4.69K	-22.72%	$14.91	15.9K	Sep 12, 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	Restricted Stock Units	Options Exercise	$0	-9.37K	-2.7%	$0.00	338K	Sep 10, 2022	Class B Common Stock	9.37K		Direct	F3, F4
transaction	FRSH	Class B Common Stock	Options Exercise	$0	+9.37K	+18.17%	$0.00	60.9K	Sep 10, 2022	Class A Common Stock	9.37K		Direct	F5
transaction	FRSH	Class B Common Stock	Conversion of derivative security	$0	-4.69K	-7.69%	$0.00	56.3K	Sep 12, 2022	Class A Common Stock	4.69K		Direct	F5

* 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 were effected pursuant to a Rule 10b5-1 trading plan.
F2	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.67 to $15.14 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 are to be acquired upon the vesting of a Restricted Stock Unit (RSU) award granted to the Reporting Person. The RSU shall vest as follows: 1/48th of the shares subject to the RSU will vest in equal monthly installments over 48 months following September 10, 2021, subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2011 Stock Plan) and the occurrence of either (1) an IPO or (2) a Sale Event (each as defined in the Issuer's 2011 Stock Plan), in each case, within 10 years following the grant 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.