Rathnagirish Mathrubootham - 01 Jul 2023 Form 4/A - Amendment Insider Report for Freshworks Inc. (FRSH)

Signature
/s/ Pamela Sergeeff, Attorney-in-fact
Issuer symbol
FRSH
Transactions as of
01 Jul 2023
Net transactions value
-$1,277,539
Form type
4/A - Amendment
Filing time
03 Aug 2023, 21:04:50 UTC
Date Of Original Report
01 Jul 2023
Previous filing
03 Jul 2023
Next filing
03 Aug 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 +72,670 $0.000000 72,670 01 Jul 2023 Direct F1
transaction FRSH Class A Common Stock Tax liability $1,277,539 -72,670 -100% $17.58 0 01 Jul 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 Class B Common Stock Conversion of derivative security $0 -72,670 -0.49% $0.000000 14,678,046 01 Jul 2023 Class A Common Stock 72,670 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 1, 2023, the Reporting Person filed a Form 4 which inadvertently understated the total number of shares required to be converted and withheld by the Issuer to satisfy the tax withholding obligation in connection with the settlement of Restricted Stock Units. This amendment reflects additional shares withheld to pay applicable state taxes that went into effect July 1, 2023.
F2 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.