4//SEC Filing
Epstein Stacey 4
Accession 0001209191-23-018649
CIK 0001544522other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 7:05 PM ET
Size
20.3 KB
Accession
0001209191-23-018649
Insider Transaction Report
Form 4
Freshworks Inc.FRSH
Epstein Stacey
Chief Marketing Officer
Transactions
- Tax Payment
Class A Common Stock
2023-03-10$13.64/sh−36,212$493,932→ 102,461 total - Exercise/Conversion
Restricted Stock Units
2023-03-10−68,750→ 550,000 totalExp: 2031-04-11→ Class B Common Stock (68,750 underlying) - Sale
Class A Common Stock
2023-03-14$14.27/sh−162,187$2,314,408→ 97,576 total - Conversion
Class B Common Stock
2023-03-10−36,212→ 244,093 total→ Class A Common Stock (36,212 underlying) - Conversion
Class A Common Stock
2023-03-10+36,212→ 138,673 total - Conversion
Class A Common Stock
2023-03-14+157,302→ 259,763 total - Exercise/Conversion
Class B Common Stock
2023-03-10+68,750→ 280,305 total→ Class A Common Stock (68,750 underlying) - Conversion
Class B Common Stock
2023-03-14−157,302→ 86,791 total→ Class A Common Stock (157,302 underlying)
Footnotes (6)
- [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]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.91 to $14.53 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote.
- [F4]Each Restricted Stock Unit represents a contingent right to receive one share of Class B Common Stock.
- [F5]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 as follows: 1/4th of the shares subject to the restricted stock unit vest on the first anniversary of March 10, 2021, and the remaining shares will vest in equal installments every three months thereafter over 36 months, 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.
- [F6]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.
Documents
Issuer
Freshworks Inc.
CIK 0001544522
Entity typeother
Related Parties
1- filerCIK 0001872282
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 7:05 PM ET
- Size
- 20.3 KB