Home > Insider Trading > Filing (0001209191-20-042271)

Filing Details

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
1678830	Bhagwat Swaroop	C/O Proofpoint, Inc. 892 Ross Drive Sunnyvale CA	Evp Indus. Solutions/Bus. Dev.	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
Common Stock	Acquisiton	2020-07-01	11,875	$0.00	14,431	No	4	M	Direct
Common Stock	Disposition	2020-07-01	5,888	$113.79	8,543	No	4	F	Direct
Common Stock	Disposition	2020-07-09	5,345	$120.00	3,198	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2020-07-01	11,875	$0.00	11,875	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	M	Direct

Footnotes

Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
Includes 211 shares of Common Stock acquired on May 15, 2020 pursuant to the Issuer's employee stock purchase plan.
Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.
The transactions were effected pursuant to a 10b5-1 trading plan previously adopted by the Reporting Person.
Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
The RSUs vest annually as to 1/4th of the total RSUs in equal installments, with the first 1/4 vested on July 1, 2017. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.