Barry L. Padgett - 17 Dec 2024 Form 4 Insider Report for Freshworks Inc. (FRSH)

Role
Director
Signature
/s/ Pamela Sergeeff, Attorney-in-Fact
Issuer symbol
FRSH
Transactions as of
17 Dec 2024
Net transactions value
-$40,568
Form type
4
Filing time
19 Dec 2024, 16:10:04 UTC
Previous filing
29 Nov 2024
Next filing
30 Dec 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 +2,345 +8.7% $0.000000 29,302 17 Dec 2024 Direct
transaction FRSH Class A Common Stock Sale $40,568 -2,345 -8% $17.30 26,957 17 Dec 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 Class B Common Stock Conversion of derivative security $0 -2,345 -2.9% $0.000000 77,344 17 Dec 2024 Class A Common Stock 2,345 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted September 17, 2024.
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.