Michael M. Johnson - Jul 8, 2021 Form 4 Insider Report for PROOFPOINT INC (PFPT)

Role
Director
Signature
/s/ Michael M. Johnson, by Michael Yang, Attorney-in-Fact
Stock symbol
PFPT
Transactions as of
Jul 8, 2021
Transactions value $
$0
Form type
4
Date filed
7/12/2021, 06:32 PM
Next filing
Aug 31, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFPT Common Stock Award $0 +1.14K +30.67% $0.00 4.84K Jul 8, 2021 Direct F1
transaction PFPT Common Stock Award $0 +312 +6.44% $0.00 5.16K Jul 8, 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.