Roxanne S. Austin - May 1, 2023 Form 4 Insider Report for Freshworks Inc. (FRSH)

Role
Director
Signature
/s/ Pamela Sergeeff, Attorney-in-fact
Stock symbol
FRSH
Transactions as of
May 1, 2023
Transactions value $
$0
Form type
4
Date filed
5/2/2023, 06:44 PM
Previous filing
Apr 13, 2023
Next filing
May 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRSH Class A Common Stock Other $0 +115K +260.73% $0.00 159K May 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 Other $0 -115K -40% $0.00 172K May 1, 2023 Class A Common Stock 115K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was previously granted a Restricted Stock Unit ("RSU") award covering shares of Class B Common Stock. Such RSU award was previously reported in Table II of Form 4. On May 1, 2023, the RSU award was modified to provide that 114,590 of the unvested RSUs subject to the award will settle in shares of Class A Common Stock (the "Modified RSUs"). Other than with respect to the change in share class for which the Modified RSUs will settle, the RSU award remains unchanged. The reporting person has elected to report the Modified RSUs in Table I rather than Table II. The reported transaction reflects such change in reporting. The total reported in Column 5 of Table I now includes the Modified RSUs that settle in Class A Common Stock, and the total reported in Column 9 of Table II now includes the portion of the RSU award that settle in Class B Common Stock.
F2 The RSU award shall vest as follows: 1/48th of the total shares subject to the RSU award will vest in equal monthly installments over 48 months following May 8, 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.
F3 Not applicable.