PROOFPOINT INC 4
4 · PROOFPOINT INC · Filed Jul 5, 2016
Insider Transaction Report
Form 4
PROOFPOINT INCPFPT
GARN DOUGLAS F
Director
Transactions
- Award
Common Stock
2016-06-30+784→ 7,771 total - Award
Common Stock
2016-06-30+3,051→ 6,987 total
Footnotes (2)
- [F1]Represents an award of restricted stock units ("RSUs"). 100% of the RSUs will vest on May 26, 2017. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.
- [F2]Represents an award of RSUs. The RSUs vest as to 1/4th of the total number of shares on June 30, 2016 and an additional 1/4th of the total number of shares on each quarterly anniversary thereafter. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.