Form 4 for FRSH Freshworks Inc.
Accepted 2024-01-03 00:00:00 ET · period of report 2024-01-02 · accession 0001209191-24-000387 · 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 | 2024-01-03 | 2024-01-02 | FRSH | Flower Johanna | Dir | A - Grant | $0.00 | +446 | 23.5K | +2% | $0 |
| DM | 2024-01-03 | 2024-01-02 | FRSH | Flower Johanna | Dir | M - OptEx | $0.00 | 0 | 15.6K | New | $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 | 2024-01-02 | A | A | 446 | $0.00 | 23,451 | D | — | — | (F1) Represents the grant of fully-vested restricted stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy. Grant reflects director compensation for the fourth quarter of 2023. The number of shares received in lieu of cash was calculated based on the closing price of a share of Class A Common Stock December 29, 2023. |
| 2 | Derivative | Restricted Stock Units | 2024-01-02 | M | D | 1,560 | $0.00 | 31,250 | D | — · — to 2031-08-04 | 1,560 Class B Common Stock | (F2) Each Restricted Stock Unit represents a contingent right to receive one share of Class B Common Stock. (F4) The shares of Class B Common Stock are to be acquired upon the vesting of a RSU award granted to the Reporting Person. The RSUs shall vest as follows: 1/48th of the shares subject to the RSU will vest in equal monthly installments over 48 months following September 2, 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. |
| 3 | Derivative | Class B Common Stock | 2024-01-02 | M | A | 9,380 | $0.00 | 168,730 | D | — · — to — | 9,380 Class A Common Stock | (F5) 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. |
| 4 | Derivative | Restricted Stock Units | 2024-01-02 | M | D | 7,820 | $0.00 | 15,620 | D | — · — to 2030-03-02 | 7,820 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 (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 March 2, 2020, 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. |