Freshworks Inc
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 6, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 5. Other Information
Rule 10b5-1 Trading Plans
During the three months ended September 30, 2024, our officers (as defined in Rule 16a-1(f) under the Exchange Act) and directors adopted orterminated the contracts, instructions or written plans for the purchase or sale of the Company's securities, each of which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act, as set forth in the table below.
| Name | Title | Action | Adoption Date | Expiration Date | Total number of shares of Class A common stock to be sold |
|---|---|---|---|---|---|
| Sameer Gandhi | Director | Adoption(1)(2) | September 13, 2024 | November 28, 2025 | Up to 150,000 shares |
| Rathna Girish Mathrubootham | Executive Chairman and Chairman of the Board of Directors | Adoption(2) | September 18, 2024 | October 31, 2025 | Up to 2,500,000 shares(3) |
| Barry Padgett | Director | Adoption | September 17, 2024 | September 4, 2025 | Up to 16,933 shares |
| Mika Yamamoto | Chief Customer and Marketing Officer | Adoption | September 17, 2024 | December 31, 2025 | Up to 140,241 shares(4) |
(1) This 10b5-1 trading arrangement was adopted by The Potomac Trust, dated 9/21/2001, of which Mr. Gandhi is a co-trustee.
(2) Plan adopted in accordance with Rule 10b5-1(c)(1)(ii)(D)(2)
(3) The actual number of shares that will be sold under the Rule 10b5-1 trading plan will be reduced by the number of shares sold in accordance with an existing plan after August 21, 2024, but prior to its expiration on December 15, 2024.
(4) The shares that may be sold under the Rule 10b5-1 trading plan include (i) up to 6,399 shares of our Class A Common Stock currently owned by Ms. Yamamoto and (ii) up to 133,842 shares of our Class A Common Stock that are subject to restricted stock unit awards previously granted to Ms. Yamamoto that may vest and be released to Ms. Yamamoto on or prior to December 31, 2025 upon the satisfaction of the applicable service-based vesting conditions. The actual number of shares that will be released to Ms. Yamamoto pursuant to the restricted stock unit awards and sold under the Rule 10b5-1 trading arrangement will be net of the number of shares withheld to satisfy tax withholding obligations arising from the vesting of such shares and is not yet determinable. The actual number of shares that will be subject to the Rule 10b5-1 trading plan is not yet determinable.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.