SEC Form 4 · accession 0001140361-16-061439
PROOFPOINT INC · PFPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary Steele
Officer — Chief Executive Officer · Director
Period of report
Apr 15, 2016
Accepted (ET)
Apr 18, 2016 · 6:38 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 | Apr 15, 2016 | M | 1,900 | $3.06 | A | 13,063 | D | |
| Common Stock | Apr 15, 2016 | S | 1,900 | $52.00 | D | 11,163 | 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)F2 | $3.06 | Apr 15, 2016 | M | 1,900 | D | — | Jan 27, 2019 | Common Stock | 1,900 | 10,939 | 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 9, 2015.
- F2The stock option is immediately exercisable in full.