4//SEC Filing
Salle Blake P. 4
Accession 0001209191-21-025520
CIK 0001212458other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 8:30 PM ET
Size
9.7 KB
Accession
0001209191-21-025520
Insider Transaction Report
Form 4
PROOFPOINT INCPFPT
Salle Blake P.
EVP, Worldwide Sales
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-04-03−5,000→ 0 totalExercise: $0.00→ Common Stock (5,000 underlying) - Tax Payment
Common Stock
2021-04-03$128.56/sh−1,821$234,108→ 21,130 total - Exercise/Conversion
Common Stock
2021-04-03+5,000→ 22,951 total
Footnotes (5)
- [F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person on May 17, 2017.
- [F2]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. These shares 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.
- [F3]Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
- [F4]The RSUs vest annually as to 1/4th of the total RSUs in equal installments. The first 1/4th of the RSUs vested on April 3, 2018. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.
- [F5]RSUs do not expire; they either vest or are canceled prior to the vesting date.
Documents
Issuer
PROOFPOINT INC
CIK 0001212458
Entity typeother
Related Parties
1- filerCIK 0001757191
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 8:30 PM ET
- Size
- 9.7 KB