Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FRSH | Class A Common Stock | Conversion of derivative security | $0 | +36.2K | +33.45% | $0.00 | 144K | Sep 10, 2022 | Direct | |
transaction | FRSH | Class A Common Stock | Tax liability | -$524K | -36.2K | -25.07% | $14.47 | 108K | Sep 10, 2022 | Direct | F1 |
transaction | FRSH | Class A Common Stock | Conversion of derivative security | $0 | +16.3K | +15.06% | $0.00 | 125K | Sep 13, 2022 | Direct | |
transaction | FRSH | Class A Common Stock | Sale | -$237K | -16.3K | -13.09% | $14.57 | 108K | Sep 13, 2022 | Direct | F2, F3 |
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 | -68.8K | -9.09% | $0.00 | 688K | Sep 10, 2022 | Class B Common Stock | 68.8K | Direct | F4, F5 | |
transaction | FRSH | Class B Common Stock | Options Exercise | $0 | +68.8K | +42.24% | $0.00 | 231K | Sep 10, 2022 | Class A Common Stock | 68.8K | Direct | F6 | |
transaction | FRSH | Class B Common Stock | Conversion of derivative security | $0 | -36.2K | -15.64% | $0.00 | 195K | Sep 10, 2022 | Class A Common Stock | 36.2K | Direct | F6 | |
transaction | FRSH | Class B Common Stock | Conversion of derivative security | $0 | -16.3K | -8.35% | $0.00 | 179K | Sep 13, 2022 | Class A Common Stock | 16.3K | Direct | F6 |
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 | The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan. |
F3 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.12 to $14.81 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. |
F4 | Each Restricted Stock Unit represents a contingent right to receive one share of Class B Common Stock. |
F5 | 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: 1/4th of the shares subject to the restricted stock unit vest on the first anniversary of March 10, 2021, and the remaining shares will vest in equal installments every three months thereafter over 36 months, 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. |
F6 | 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. |