SEC Form 4 · accession 0001140361-17-024412
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
Jun 6, 2017
Accepted (ET)
Jun 7, 2017 · 8:09 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 | Jun 6, 2017 | M | 9,227 | $3.88 | A | 104,705 | D | |
| Common Stock | Jun 6, 2017 | M | 15,773 | $5.48 | A | 120,478 | D | |
| Common StockF2,F3 | Jun 6, 2017 | S | 22,241 | $90.4644 | D | 98,237 | D | |
| Common StockF2,F4 | Jun 6, 2017 | S | 2,759 | $91.1629 | D | 95,478 | D | |
| Common Stock | holding | — | — | — | 446,398 | I | By family trust |
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)F5 | $3.88 | Jun 6, 2017 | M | 9,227 | D | — | Mar 9, 2020 | Common Stock | 9,227 | 0 | D |
| Non-qualified Stock Option (right to buy)F5 | $5.48 | Jun 6, 2017 | M | 15,773 | D | — | Apr 29, 2021 | Common Stock | 15,773 | 3,479 | 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 7, 2016.
- 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 $90.00 to $90.99 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.
- F4Represents the weighted average sales price per share. The shares sold at prices ranging from $91.02 to $91.40 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.
- F5The stock option is immediately exercisable in full.