Srinivasagopalan Ramamurthy - Apr 1, 2022 Form 4 Insider Report for Freshworks Inc. (FRSH)

Signature
/s/ Pamela Sergeeff, Attorney-in-fact
Stock symbol
FRSH
Transactions as of
Apr 1, 2022
Transactions value $
-$206,809
Form type
4
Date filed
4/4/2022, 05:14 PM
Previous filing
Feb 16, 2022
Next filing
Apr 12, 2022

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 +11.5K $0.00 11.5K Apr 1, 2022 Direct
transaction FRSH Class A Common Stock Tax liability -$207K -11.5K -100% $17.96 0 Apr 1, 2022 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 -21.9K -7.69% $0.00 263K Apr 1, 2022 Class B Common Stock 21.9K Direct F2, F3
transaction FRSH Class B Common Stock Options Exercise $0 +21.9K +7.69% $0.00 306K Apr 1, 2022 Class A Common Stock 21.9K Direct F4
transaction FRSH Class B Common Stock Conversion of derivative security $0 -11.5K -3.76% $0.00 295K Apr 1, 2022 Class A Common Stock 11.5K 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 vesting of Restricted Stock Units previously reported on a Form 3 filed on September 21, 2021, and does not represent a discretionary sale by the Reporting Person.
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.