Srinivasagopalan Ramamurthy - 01 Oct 2023 Form 4 Insider Report for Freshworks Inc. (FRSH)

Role: Chief Product Officer
Signature: /s/ Pamela Sergeeff, Attorney-in-fact
Issuer symbol: FRSH
Transactions as of: 01 Oct 2023
Net transactions value: -$229,379
Form type: 4
Filing time: 03 Oct 2023, 16:53:55 UTC
Previous filing: 15 Sep 2023
Next filing: 11 Oct 2023
SEC: View on sec.gov

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	+11,515	+1.9%	$0.000000	616,909	01 Oct 2023	Direct
transaction	FRSH	Class A Common Stock	Tax liability	$229,379	-11,515	-1.9%	$19.92	605,394	01 Oct 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	-21,870	-14%	$0.000000	131,250	01 Oct 2023	Class B Common Stock	21,870		Direct	F2, F3
transaction	FRSH	Class B Common Stock	Options Exercise	$0	+21,870	+4.4%	$0.000000	522,703	01 Oct 2023	Class A Common Stock	21,870		Direct	F4
transaction	FRSH	Class B Common Stock	Conversion of derivative security	$0	-11,515	-2.2%	$0.000000	511,188	01 Oct 2023	Class A Common Stock	11,515		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 in equal quarterly installments over 48 months with a vesting commencement date of April 1, 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.
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.