Filing Details

Accession Number:
0001209191-20-031242
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-21 16:09:22
Reporting Period:
2020-05-20
Accepted Time:
2020-05-21 16:09:22
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
1547394 David Knight C/O Proofpoint, Inc.
892 Ross Drive
Sunnyvale CA
Evp/Gm, Security Products No Yes 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 Acquisiton 2020-05-20 2,500 $50.93 17,329 No 4 M Direct
Common Stock Disposition 2020-05-20 400 $115.16 16,929 No 4 S Direct
Common Stock Disposition 2020-05-20 1,900 $115.82 15,029 No 4 S Direct
Common Stock Disposition 2020-05-20 200 $116.82 14,829 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2020-05-20 2,500 $0.00 2,500 $50.93
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,892 2026-04-08 No 4 M Direct
Footnotes
  1. Includes 211 shares of the Issuer's Common Stock acquired by the Reporting Person on May 15, 2020 pursuant to the Issuer's employee stock purchase plan.
  2. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
  3. Represents the weighted average sale price. The lowest price at which shares were sold was $114.44 and the highest price at which shares were sold was $115.43. The Reporting Person undertakes to provide upon request to the staff of the Securities Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (3), (4) and (5) to this Form 4.
  4. Represents the weighted average sale price. The lowest price at which shares were sold was $115.49 and the highest price at which shares were sold was $116.40.
  5. Represents the weighted average sale price. The lowest price at which shares were sold was $116.67 and the highest price at which shares were sold was $116.97.
  6. The stock option will vest as to 1/4th of the total number of shares on February 1, 2017, and thereafter shall vest as to 1/48th of the total number of shares in equal monthly installments, subject to the Reporting Person's provision of service to the Issuer on each vesting date.