Rathnagirish Mathrubootham - Feb 1, 2024 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
Feb 1, 2024
Transactions value $
-$1,679,278
Form type
4
Date filed
2/2/2024, 06:08 PM
Previous filing
Jan 3, 2024
Next filing
Feb 28, 2024

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 Feb 1, 2024 Direct
transaction FRSH Class A Common Stock Tax liability -$1.68M -73.8K -100% $22.76 0 Feb 1, 2024 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 -12.5% $0.00 1.31M Feb 1, 2024 Class B Common Stock 188K Direct F2, F3
transaction FRSH Class B Common Stock Options Exercise $0 +188K +1.43% $0.00 13.3M Feb 1, 2024 Class A Common Stock 188K Direct F4
transaction FRSH Class B Common Stock Conversion of derivative security $0 -73.8K -0.55% $0.00 13.2M Feb 1, 2024 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.