| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FRSH | Class A Common Stock | Award | $0 | +15.9 K | +66.38% | $0.00 | 39.9 K | Jul 1, 2024 | Direct | F1, F2 |
| 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 | -1.57 K | -6.7% | $0.00 | 21.9 K | Jul 2, 2024 | Class B Common Stock | 1.57 K | Direct | F3, F4 | |
| transaction | FRSH | Class B Common Stock | Options Exercise | $0 | +1.57 K | +0.96% | $0.00 | 165 K | Jul 2, 2024 | Class A Common Stock | 1.57 K | Direct | F5 |
| Id | Content |
|---|---|
| F1 | With respect to 813 shares, represents the grant of fully-vested restricted stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy. Grant reflects director compensation for the second quarter of 2024. The number of shares received in lieu of cash was calculated by dividing the applicable value of the equity by the average closing price of our common stock over the 30 consecutive trading days immediately preceding July 1, 2024, rounded down to the nearest whole share. |
| F2 | With respect to 15,116 shares, represents the Reporting Person's annual grant of a Restricted Stock Unit (RSU) award under the Issuer's Non-Employee Director Compensation Policy. Each of these RSUs represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The number of RSUs granted was calculated by dividing the applicable value of the equity by the average closing price of our common stock over the 30 consecutive trading days immediately preceding July 1, 2024, rounded down to the nearest whole share. The shares shall vest in full on July 1, 2025; provided, however, that in the event a director is up for re-election at the Issuer's next annual meeting of stockholders and is not elected to continue serving as a member of the board of directors at such annual meeting of stockholders, the shares shall be deemed fully vested on that annual meeting date. |
| F3 | Each Restricted Stock Unit represents a contingent right to receive one share of Class B Common Stock. |
| F4 | The shares of Class B Common Stock are to be acquired upon the vesting of a RSU award granted to the Reporting Person. The RSUs shall vest as follows: 1/48th of the shares subject to the RSU will vest in equal monthly installments over 48 months following September 2, 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. |
| F5 | 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. |