Form 4 for FRSH Freshworks Inc.
Accepted 2024-01-03 00:00:00 ET · period of report 2023-12-31 · accession 0001209191-24-000383 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-01-03 | 2023-12-31+ | FRSH | Mathrubootham Rathnagirish | CEO, Dir | C - Cnv Deriv | $0.00 | +80.5K | 71.1K | New | $0 |
| DM | 2024-01-03 | 2023-12-31+ | FRSH | Mathrubootham Rathnagirish | CEO, Dir | F - Tax | $23.49 | -80.5K | 0 | -100% | -$1.89M |
| DM | 2024-01-03 | 2023-12-31+ | FRSH | Mathrubootham Rathnagirish | CEO, Dir | M - OptEx | $0.00 | 0 | 0 | New | $0 |
| DM | 2024-01-03 | 2023-12-31+ | FRSH | Mathrubootham Rathnagirish | CEO, Dir | C - Cnv Deriv | $0.00 | -80.5K | 13.01M | -0.6% | $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 | 2023-12-31 | C | A | 9,383 | $0.00 | 9,383 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-01-01 | F | D | 71,119 | $23.49 | 0 | D | — | — | (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. |
| 3 | Common | Class A Common Stock | 2023-12-31 | F | D | 9,383 | $23.49 | 0 | D | — | — | (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. |
| 4 | Common | Class A Common Stock | 2024-01-01 | C | A | 71,119 | $0.00 | 71,119 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2024-01-01 | M | D | 168,750 | $0.00 | 168,750 | D | — · — to 2030-08-25 | 168,750 Class B Common Stock | (F2) 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 July 1, 2020, and the remaining shares will vest in equal installments every six 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. |
| 6 | Derivative | Class B Common Stock | 2024-01-01 | M | A | 168,750 | $0.00 | 13,183,475 | D | — · — to — | 168,750 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. |
| 7 | Derivative | Class B Common Stock | 2023-12-31 | M | A | 20,800 | $0.00 | 13,024,108 | D | — · — to — | 20,800 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. |
| 8 | Derivative | Class B Common Stock | 2024-01-01 | C | D | 71,119 | $0.00 | 13,112,356 | D | — · — to — | 71,119 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. |
| 9 | Derivative | Performance Rights | 2023-12-31 | M | D | 20,800 | $0.00 | 0 | D | — · — to 2029-05-16 | 20,800 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 as follows: 1/4th of the shares subject to the restricted stock unit vest on the first anniversary of December 31, 2019, and the remaining shares will vest in equal installments every six 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. |
| 10 | Derivative | Class B Common Stock | 2023-12-31 | C | D | 9,383 | $0.00 | 13,014,725 | D | — · — to — | 9,383 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. |