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Freshworks Inc. — Director's Dealing 2024
Dec 30, 2024
31235_dirs_2024-12-30_010ef880-6405-416d-b3d1-efe2038b9796.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Freshworks Inc. (FRSH)
CIK: 0001544522
Period of Report: 2024-12-28
Reporting Person: PADGETT BARRY L. (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-28 | Restricted Stock Units | $ | M | 1560 | Disposed | 2031-08-04 | Class B Common Stock (1560) | Direct |
| 2024-12-28 | Class B Common Stock | $ | M | 1560 | Acquired | Class A Common Stock (1560) | Direct |
Footnotes
F1: Each Restricted Stock Unit represents a contingent right to receive one share of Class B Common Stock.
F2: The shares of Class B Common Stock are to be acquired upon the vesting of a RSU award granted to the Reporting Person. The RSU shall vest as follows: 1/48th of the shares subject to the RSU will vest in equal monthly installments over 48 months following August 28, 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: 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.