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Freshworks Inc. — Director's Dealing 2024
Jul 3, 2024
31235_dirs_2024-07-02_c5cc37c5-6eac-4d46-825e-3375ddf54567.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: 2024-07-01
Reporting Person: Ramamurthy Srinivasagopalan (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-07-01 | Class A Common Stock | C | 11761 | — | Acquired | 737639 | Direct |
| 2024-07-01 | Class A Common Stock | F | 11761 | — | Disposed | 725878 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-07-01 | Restricted Stock Units | $ | M | 21880 | Disposed | 2031-05-16 | Class B Common Stock (21880) | Direct |
| 2024-07-01 | Class B Common Stock | $ | M | 21880 | Acquired | Class A Common Stock (21880) | Direct | |
| 2024-07-01 | Class B Common Stock | $ | C | 11761 | Disposed | Class A Common Stock (11761) | Direct |
Footnotes
F1: Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the settlement of Restricted Stock Units.
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.