Swaroop Bhagwat 4
4 · PROOFPOINT INC · Filed Mar 24, 2020
Insider Transaction Report
Form 4
PROOFPOINT INCPFPT
Swaroop Bhagwat
EVP & GM, Protection
Transactions
- Award
Restricted Stock Units
2020-03-20+4,000→ 4,000 totalExercise: $0.00→ Common Stock (4,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
- [F2]The RSUs vest as to 1/4th of the total award in equal annual installments, with the first 1/4th vesting on February 1, 2021. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting.