SEC Form 4 · accession 0001140361-15-042201
PROOFPOINT INC · PFPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul R. Auvil III
Officer — Chief Financial Officer
Period of report
Nov 16, 2015
Accepted (ET)
Nov 18, 2015 · 5:25 pm EST
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 | Nov 16, 2015 | M | 15,000 | $3.88 | A | 466,180 | D | |
| Common StockF2,F3 | Nov 16, 2015 | S | 15,000 | $70.5108 | D | 451,180 | 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 | $3.88 | Nov 16, 2015 | M | 15,000 | A | — | Mar 9, 2020 | Common Stock | 15,000 | 59,227 | D |
Explanation of responses
- F1The transaction reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 2, 2014.
- 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 $70.00 to $70.88 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.