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EVP&GM of Proofpoint just cashed-in 10,000 options

David Knight, EVP&GM of Proofpoint, recently cashed-in 10,000 options. The options were exercised at $7.98, while the disposals took place between $58.00 and $59.00 per share, on October 13, 2015. Knight continues to hold 1,561 shares of the company. Knight 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 August 6, 2014. Represents the aggregate of sales effected on the same day at...