Srinivasagopalan Ramamurthy - 01 Oct 2024 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 2024
Net transactions value
$0
Form type
4
Filing time
02 Oct 2024, 19:26:47 UTC
Previous filing
04 Sep 2024
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 +11,756 +1.7% $0.000000 710,424 01 Oct 2024 Direct
transaction FRSH Class A Common Stock Tax liability $0 -11,756 -1.7% $0.000000 698,668 01 Oct 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 -21,870 -33% $0.000000 43,750 01 Oct 2024 Class B Common Stock 21,870 Direct F2, F3
transaction FRSH Class B Common Stock Options Exercise $0 +21,870 +5% $0.000000 456,334 01 Oct 2024 Class A Common Stock 21,870 Direct F4
transaction FRSH Class B Common Stock Conversion of derivative security $0 -11,756 -2.6% $0.000000 444,578 01 Oct 2024 Class A Common Stock 11,756 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Srinivasagopalan Ramamurthy is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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.