Filing Details

Accession Number:
0001181431-13-057837
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-11-08 15:47:03
Reporting Period:
2013-11-06
Filing Date:
2013-11-08
Accepted Time:
2013-11-08 15:47:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1212458 Proofpoint Inc PFPT Services-Computer Processing & Data Preparation (7374) 510414846
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1190213 Kevin Harvey 2480 Sand Hill Road
Suite 200
Menlo Park CA 94025
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2013-11-06 644,301 $0.00 812,235 No 4 J Indirect See footnote
Common Stock Disposition 2013-11-06 184,656 $0.00 232,786 No 4 J Indirect See footnote
Common Stock Disposition 2013-11-06 24,097 $0.00 30,382 No 4 J Indirect See footnote
Common Stock Disposition 2013-11-06 7,173 $0.00 9,043 No 4 J Indirect See footnote
Common Stock Acquisiton 2013-11-06 32,280 $0.00 159,478 No 4 J Indirect See footnote
Common Stock Acquisiton 2013-11-06 2,205 $0.00 2,205 No 4 J Indirect See footnote
Common Stock Disposition 2013-11-07 2,205 $30.26 0 No 4 S Indirect See footnote
Common Stock Disposition 2013-11-06 1,000,000 $0.00 1,260,650 No 4 J Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect See footnote
No 4 J Indirect See footnote
No 4 J Indirect See footnote
No 4 J Indirect See footnote
No 4 J Indirect See footnote
No 4 J Indirect See footnote
No 4 S Indirect See footnote
No 4 J Indirect See footnote
Footnotes
  1. Shares are owned directly by Benchmark Capital Partners IV, L.P. ("BCP IV").
  2. Shares are owned directly by Benchmark Founders' Fund IV, L.P. ("BFF IV").
  3. Shares are owned directly by Benchmark Founders' Fund IV-A, L.P. ("BFF IV-A").
  4. Shares are owned directly by Benchmark Founders' Fund IV-B, L.P. ("BFF IV-B").
  5. Benchmark Capital Management Co. IV, L.L.C. ("BCMC IV"), the general partner of each of BCP IV, BFF IV, BFF IV-A and BFF IV-B, may be deemed to have had the sole voting and dispositive power over the 1,000,000 shares of the Issuer's Common Stock being distributed by BCP IV and its affiliated funds and associated persons (the "Benchmark IV Funds"). BCMC IV and each of its managing members disclaim beneficial ownership of these shares except to the extent of any pecuniary interest therein, and the filing of this report is not an admission that BCMC IV and its managing members are the beneficial owner of these shares for purposes of Section 16 or any other purpose.
  6. Represents a pro-rata, in-kind distribution by the Benchmark IV Funds, without additional consideration, to their respective partners, members and assignees.
  7. Shares are owned directly by Kevin R. Harvey's family trust.
  8. Shares are owned directly by Benchmark Capital Holdings Co., L.L.C., which serves as the Benchmark IV Funds' management company and is under common control with BCMC IV.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.82 to $30.76, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 9 to this Form 4.
  10. This Form 4 reports the November 6, 2013 distribution of shares, and also corrects the number of shares that were erroneously listed in the Form 4 reporting the October 31, 2013 distribution. Following the October 31, 2013 distribution, the family trust held 127,198 shares.