Home > Insider Trading > Filing (0001209191-21-007299)

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
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
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
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

Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
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 reported on this Form 4 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 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.
RSUs do not expire; they either vest or are canceled prior to the vesting date.
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.