Pradeep Rathinam - Oct 1, 2023 Form 4 Insider Report for Freshworks Inc. (FRSH)

Role
Chief Revenue Officer
Signature
/s/ Pamela Sergeeff, Attorney-in-fact
Stock symbol
FRSH
Transactions as of
Oct 1, 2023
Transactions value $
-$44,681
Form type
4
Date filed
10/3/2023, 04:58 PM
Previous filing
Aug 3, 2023
Next filing
Nov 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 +2.24K +0.28% $0.00 810K Oct 1, 2023 Direct
transaction FRSH Class A Common Stock Tax liability -$44.7K -2.24K -0.28% $19.92 808K Oct 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 -5.7K -14.29% $0.00 34.2K Oct 1, 2023 Class B Common Stock 5.7K Direct F2, F3
transaction FRSH Class B Common Stock Options Exercise $0 +5.7K +3.05% $0.00 192K Oct 1, 2023 Class A Common Stock 5.7K Direct F4
transaction FRSH Class B Common Stock Conversion of derivative security $0 -2.24K -1.17% $0.00 190K Oct 1, 2023 Class A Common Stock 2.24K Direct F4

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 four years following April 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.