JONATHAN D. FEIBER - 08 Jul 2021 Form 4 Insider Report for PROOFPOINT INC

Role
Director
Signature
/s/ Jonathan D. Feiber, by Michael Yang, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
08 Jul 2021
Net transactions value
$0
Form type
4
Filing time
12 Jul 2021, 18:30:32 UTC
Next filing
31 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFPT Common Stock Award $0 +1,137 +12% $0.000000 10,871 08 Jul 2021 Direct F1
transaction PFPT Common Stock Award $0 +346 +3.2% $0.000000 11,217 08 Jul 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units ("RSUs"). 100% of the RSUs will vest on July 8, 2022. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.
F2 Represents an award of RSUs. The RSUs vested as to 1/4th of the total number of shares on July 8, 2021. An additional 1/4th of the total number of shares will vest on each of September 30, 2021, December 31, 2021 and March 31, 2022. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.