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Proofpoint's Chief Executive Officer just cashed-in 20,000 options

Gary Steele, Proofpoint's Chief Executive Officer and a director of the company, recently cashed-in 20,000 options. The options were exercised at $1.90, while the disposals took place at $72.62 per share, on November 18, 2015. Steele continues to hold 1 shares of the company. Steele operates out of Sunnyvale, CA. Some additional info was provided as follows:

The transaction reported on this Form 4 was effected pursuant to a...