0001209191-21-027988.txt : 20210422
0001209191-21-027988.hdr.sgml : 20210422
20210422181901
ACCESSION NUMBER: 0001209191-21-027988
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210420
FILED AS OF DATE: 20210422
DATE AS OF CHANGE: 20210422
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Auvil Paul R. III
CENTRAL INDEX KEY: 0001410972
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35506
FILM NUMBER: 21846030
MAIL ADDRESS:
STREET 1: C/O PROOFPOINT, INC.
STREET 2: 892 ROSS DRIVE
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PROOFPOINT INC
CENTRAL INDEX KEY: 0001212458
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
IRS NUMBER: 510414846
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 925 W. MAUDE AVENUE
CITY: SUNNYVALE
STATE: CA
ZIP: 94085
BUSINESS PHONE: 408-517-4710
MAIL ADDRESS:
STREET 1: 925 W. MAUDE AVENUE
CITY: SUNNYVALE
STATE: CA
ZIP: 94085
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-04-20
0
0001212458
PROOFPOINT INC
PFPT
0001410972
Auvil Paul R. III
C/O PROOFPOINT, INC.
925 WEST MAUDE AVENUE
SUNNYVALE
CA
94085
0
1
0
0
Chief Financial Officer
Common Stock
2021-04-20
4
M
0
938
0.00
A
116227
D
Common Stock
2021-04-20
4
F
0
466
130.01
D
115761
D
Common Stock
261918
I
By family trust
Restricted Stock Units
0.00
2021-04-20
4
A
0
3750
0.00
A
Common Stock
3750
3750
D
Restricted Stock Units
0.00
2021-04-20
4
M
0
938
0.00
D
Common Stock
938
2812
D
Vesting of restricted stock units ("RSUs") earned by the Reporting Person on April 20, 2021 as determined by the Issuer's Board of Directors.
Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.
Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
The RSUs vested as to 1/4 of the total number of shares subject to the award on April 20, 2021; an additional 1/4 of the total number of shares subject to the award will vest on each of January 1, 2022, January 1, 2023, and January 1, 2024, subject to the Reporting Person's continued service to the Issuer through such dates. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.
RSUs do not expire; they either vest or are canceled prior to vesting date.
/s/ Paul R. Auvil III, by Michael Yang, Attorney-in-Fact
2021-04-22