Rathnagirish Mathrubootham - May 1, 2023 Form 4 Insider Report for Freshworks Inc. (FRSH)

Role: Chief Executive Officer, Director
Signature: /s/ Pamela Sergeeff, Attorney-in-fact
Stock symbol: FRSH
Transactions as of: May 1, 2023
Transactions value $: -$979,825
Form type: 4
Date filed: 5/2/2023, 06:47 PM
Previous filing: Mar 3, 2023
Next filing: Jul 3, 2023

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	+73.8K		$0.00	73.8K	May 1, 2023	Direct
transaction	FRSH	Class A Common Stock	Tax liability	-$980K	-73.8K	-100%	$13.28	0	May 1, 2023	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	Restricted Stock Units	Options Exercise	$0	-188K	-9.09%	$0.00	1.88M	May 1, 2023	Class B Common Stock	188K		Direct	F2, F3
transaction	FRSH	Class B Common Stock	Options Exercise	$0	+188K	+1.3%	$0.00	14.6M	May 1, 2023	Class A Common Stock	188K		Direct	F4
transaction	FRSH	Class B Common Stock	Conversion of derivative security	$0	-73.8K	-0.5%	$0.00	14.6M	May 1, 2023	Class A Common Stock	73.8K		Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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	Each Restricted Stock Unit represents a contingent right to receive one share of Class B Common Stock.
F3	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: 1/16th of the shares subject to the restricted stock unit vest in equal three month installments over 48 months, commencing November 1, 2021, subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2011 Stock Plan).
F4	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.