Filing Details

Accession Number:
0001209191-21-007299
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-03 16:53:04
Reporting Period:
2021-02-01
Accepted Time:
2021-02-03 16:53:04
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
1819243 Ashan Willy C/O Proofpoint, Inc.
892 Ross Drive
Sunnyvale CA 94089
Evp/Gm-Sec Prd & Svc Grp 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 2021-02-01 2,250 $0.00 4,216 No 4 M Direct
Common Stock Acquisiton 2021-02-01 1,875 $0.00 6,091 No 4 M Direct
Common Stock Disposition 2021-02-01 1,425 $130.62 4,666 No 4 F Direct
Common Stock Disposition 2021-02-02 1,226 $136.38 3,440 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
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 2021-02-01 2,250 $0.00 2,250 $0.00
Common Stock Restricted Stock Units Disposition 2021-02-01 1,875 $0.00 1,875 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,500 No 4 M Direct
5,625 No 4 M Direct
Footnotes
  1. Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
  2. 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.
  3. The transactions reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously adopted by the reporting person.
  4. Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
  5. The RSUs vest as to 1/3 of the total RSUs in equal installments, with the first 1/3 vesting on February 1, 2021. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.
  6. RSUs do not expire; they either vest or are canceled prior to the vesting date.
  7. The RSUs vested as to 1/4th of the total number of shares on February 1, 2021 and thereafter will vest as to 1/4th of the total number of shares in equal annual installments. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.