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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Non-qualified stock option (right to buy) | $ 5.38 | 02/27/2013 | M | 43,500 | (4) | 12/15/2020 | Common Stock | 43,500 | $ 0 | 377,887 | D | ||||
Non-qualified stock option (right to buy) | $ 5.38 | 02/27/2013 | M | 191,540 | (4) | 12/15/2020 | Common Stock | 191,540 | $ 0 | 0 | I | By Trust (5) | |||
Non-qualified stock option (right to buy) | $ 5.38 | 03/01/2013 | M | 96,961 | (4) | 12/15/2020 | Common Stock | 96,961 | $ 0 | 280,926 | D | ||||
Incentive Stock Option (right to buy) | $ 5.38 | 03/01/2013 | M | 10,068 | (4) | 12/15/2020 | Common Stock | 10,068 | $ 0 | 8,519 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Cooper Tom C/O PROOFPOINT, INC. 892 ROSS DRIVE SUNNYVALE, CA 94089 |
EVP Worldwide Field Operations |
/s/ Tom Cooper by Michael Yang, Attorney-In-Fact | 03/01/2013 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | 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 exercise price of the option. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover the applicable exercise price. |
(2) | Represents the aggregate of sales effected on the same day at different prices. |
(3) | Represents the weighted average sales price per share. The shares sold at prices ranging from $14.50 to $14.62 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
(4) | The stock option is immediately exercisable in full. |
(5) | The stock option is held directly by Thomas R. Cooper 2012 GRAT, of which the Reporting Person is the sole trustee and may be deemed to have sole voting and investment power over these shares. |