Willy Ashan 4
4 · PROOFPOINT INC · Filed Mar 9, 2021
Insider Transaction Report
Form 4
PROOFPOINT INCPFPT
Willy Ashan
EVP/GM-Sec Prd & Svc Grp
Transactions
- Award
Restricted Stock Units
2021-03-05+15,000→ 15,000 totalExercise: $0.00→ Common Stock (15,000 underlying)
Footnotes (3)
- [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, 2022. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting.
- [F3]RSUs do not expire; they either vest or are canceled prior to vesting date.