SEC Form 4 · accession 0001140361-18-027942
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
Jun 6, 2018
Accepted (ET)
Jun 8, 2018 · 7:15 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, 2018 | M | 500 | $57.49 | A | 4,044 | D | |
| Common Stock | Jun 6, 2018 | M | 667 | $50.93 | A | 4,711 | D | |
| Common Stock | Jun 6, 2018 | S | 4,711 | $122.969 | 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)F1 | $57.49 | Jun 6, 2018 | M | 500 | D | — | Apr 6, 2025 | Common Stock | 500 | 1,000 | D |
| Non-qualified Stock Option (right to buy)F2 | $50.93 | Jun 6, 2018 | M | 667 | D | — | Apr 8, 2026 | Common Stock | 667 | 3,333 | D |
Explanation of responses
- F1The stock option vested and became exercisable as to 1/4th of the total number of shares on February 1, 2016 and thereafter shall vest and become exercisable as to 1/48th of the total number of shares in equal monthly installments.
- F2The stock option vested and became exercisable as to 1/4th of the total number of shares on February 1, 2017 and thereafter shall vest and become exercisable as to 1/48th of the total number of shares in equal monthly installments.