SEC Form 4 · accession 0001140361-15-038002
PROOFPOINT INC · PFPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Darren Lee
Officer — SVP, GM Archiving & Governance
Period of report
Oct 15, 2015
Accepted (ET)
Oct 19, 2015 · 7:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001212458
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 15, 2015 | M | 1,430 | $36.00 | A | 1,430 | D | |
| Common Stock | Oct 15, 2015 | M | 570 | $14.12 | A | 2,000 | D | |
| Common StockF2,F3 | Oct 15, 2015 | S | 2,000 | $56.1869 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (right to buy)F4,F5 | $36.00 | Oct 15, 2015 | M | 1,430 | D | — | Mar 26, 2024 | Common Stock | 1,430 | 14,583 | D |
| Non-qualified Stock Option (right to buy)F4 | $14.12 | Oct 15, 2015 | M | 570 | D | — | Mar 5, 2023 | Common Stock | 570 | 17,069 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on March 4, 2015.
- F2Represents the aggregate of sales effected on the same day at different prices.
- F3Represents the weighted average sales price per share. The shares sold at prices ranging from $56.04 to $56.34 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F4The stock option is immediately exercisable in full.
- F5Expiration date of this option grant was misreported in a Form 4 filed on September 17, 2015.