0001415889-24-019051.txt : 20240702
0001415889-24-019051.hdr.sgml : 20240702
20240702184731
ACCESSION NUMBER: 0001415889-24-019051
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240628
FILED AS OF DATE: 20240702
DATE AS OF CHANGE: 20240702
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PADGETT BARRY L.
CENTRAL INDEX KEY: 0001511194
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40806
FILM NUMBER: 241097660
MAIL ADDRESS:
STREET 1: CONCUR TECHNOLOGIES, INC.
STREET 2: 18400 NE UNION HILL RD.
CITY: REDMOND
STATE: WA
ZIP: 98052
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Freshworks Inc.
CENTRAL INDEX KEY: 0001544522
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 331218825
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2950 S. DELAWARE ST.
STREET 2: SUITE 201
CITY: SAN MATEO
STATE: CA
ZIP: 94403
BUSINESS PHONE: (650) 513-0514
MAIL ADDRESS:
STREET 1: 2950 S. DELAWARE ST.
STREET 2: SUITE 201
CITY: SAN MATEO
STATE: CA
ZIP: 94403
FORMER COMPANY:
FORMER CONFORMED NAME: FreshDesk Inc.
DATE OF NAME CHANGE: 20120312
4
1
form4-07022024_100727.xml
X0508
4
2024-06-28
0001544522
Freshworks Inc.
FRSH
0001511194
PADGETT BARRY L.
C/O FRESHWORKS INC.
2950 S DELAWARE STREET, SUITE 201
SAN MATEO
CA
94403
true
false
false
false
1
Class A Common Stock
2024-07-01
4
A
0
15116
0
A
32503
D
Class A Common Stock
2024-07-01
4
S
0
5546
12.77
D
26957
D
Class A Common Stock
2024-07-02
4
C
0
785
0
A
27742
D
Class A Common Stock
2024-07-02
4
S
0
785
12.91
D
26957
D
Restricted Stock Units
2024-06-28
4
M
0
1570
0
D
2031-08-04
Class B Common Stock
1570
21870
D
Class B Common Stock
2024-06-28
4
M
0
1570
0
A
Class A Common Stock
1570
74224
D
Class B Common Stock
2024-07-02
4
C
0
785
0
D
Class A Common Stock
785
73439
D
Represents the Reporting Person's annual grant of a Restricted Stock Unit (RSU) award under the Issuer's Non-Employee Director Compensation Policy. Each of these RSUs represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The number of RSUs granted was calculated by dividing the applicable value of the equity by the average closing price of our common stock over the 30 consecutive trading days immediately preceding July 1, 2024, rounded down to the nearest whole share. The shares shall vest in full on July 1, 2025; provided, however, that in the event a director is up for re-election at the Issuer's next annual meeting of stockholders and is not elected to continue serving as a member of the board of directors at such annual meeting of stockholders, the shares shall be deemed fully vested on that annual meeting date.
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted September 14, 2023
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.59 to $12.85 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.
Each Restricted Stock Unit represents a contingent right to receive one share of Class B Common Stock.
The shares of Class B Common Stock are to be acquired upon the vesting of a 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 August 28, 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.
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.
/s/ Pamela Sergeeff, Attorney-in-Fact
2024-07-02