Form 4 for FRSH Freshworks Inc.
Accepted 2022-04-04 00:00:00 ET · period of report 2022-04-01 · accession 0001209191-22-022542 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-04-04 | 2022-04-01 | FRSH | Ramamurthy Srinivasagopalan | Chief Product Off | F - Tax | $17.96 | -11.5K | 0 | -100% | -$206.8K |
| D | 2022-04-04 | 2022-04-01 | FRSH | Ramamurthy Srinivasagopalan | Chief Product Off | C - Cnv Deriv | $0.00 | +11.5K | 11.5K | New | $0 |
| DM | 2022-04-04 | 2022-04-01 | FRSH | Ramamurthy Srinivasagopalan | Chief Product Off | M - OptEx | $0.00 | 0 | 306.3K | New | $0 |
| D | 2022-04-04 | 2022-04-01 | FRSH | Ramamurthy Srinivasagopalan | Chief Product Off | C - Cnv Deriv | $0.00 | -11.5K | 294.8K | -4% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-04-01 | F | D | 11,515 | $17.96 | 0 | D | — | — | (F1) Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units previously reported on a Form 3 filed on September 21, 2021, and does not represent a discretionary sale by the Reporting Person. |
| 2 | Common | Class A Common Stock | 2022-04-01 | C | A | 11,515 | $0.00 | 11,515 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2022-04-01 | M | D | 21,870 | $0.00 | 262,500 | D | — · — to 2031-05-16 | 21,870 Class B Common Stock | (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. |
| 4 | Derivative | Class B Common Stock | 2022-04-01 | C | D | 11,515 | $0.00 | 294,829 | D | — · — to — | 11,515 Class A Common Stock | (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. |
| 5 | Derivative | Class B Common Stock | 2022-04-01 | M | A | 21,870 | $0.00 | 306,344 | D | — · — to — | 21,870 Class A Common Stock | (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. |