0001209191-21-027990.txt : 20210422
0001209191-21-027990.hdr.sgml : 20210422
20210422182050
ACCESSION NUMBER: 0001209191-21-027990
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: Lee Robert Darren
CENTRAL INDEX KEY: 0001634774
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35506
FILM NUMBER: 21846037
MAIL ADDRESS:
STREET 1: C/O PROOFPOINT, INC.
STREET 2: 892 ROSS DRIVE
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
FORMER NAME:
FORMER CONFORMED NAME: Lee Darren
DATE OF NAME CHANGE: 20150223
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
0001634774
Lee Robert Darren
C/O PROOFPOINT, INC.
925 WEST MAUDE AVENUE
SUNNYVALE
CA
94085
0
1
0
0
EVP/GM Compliance/Digital Risk
Common Stock
2021-04-20
4
M
0
375
0.00
A
2692
D
Common Stock
2021-04-20
4
F
0
167
130.01
D
2525
D
Restricted Stock Units
0.00
2021-04-20
4
A
0
1500
0.00
A
Common Stock
1500
1500
D
Restricted Stock Units
0.00
2021-04-20
4
M
0
375
0.00
D
Common Stock
375
1125
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/ Robert Darren Lee, by Michael Yang, Attorney-in-Fact
2021-04-22