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EVP of Proofpoint just disposed of 1,000 shares

Tracey Newell, EVP of Proofpoint, recently disposed of 1,000 shares of the company. The disposals took place at prices ranging from $70.95 to $71.74 per share, on November 17, 2015. Newell still owns 14,133 shares of the company. Newell operates out of Sunnyvale, CA. Some additional info was provided as follows:

The transactions reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on November 4, 2014. Represents the aggregate of sales effected...