Oestermann Klaus 4
4 · PROOFPOINT INC · Filed Jul 11, 2018
Insider Transaction Report
Form 4
PROOFPOINT INCPFPT
Oestermann Klaus
DirectorPresident, COO
Transactions
- Award
Restricted Stock Units
2018-07-09+82,853→ 82,853 totalExercise: $0.00→ Common Stock (82,853 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
- [F2]The RSUs will vest as to 1/4th of the total number of shares on July 9, 2019 and thereafter will vest as to 1/4th of the total number of shares in equal annual installments. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.