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Proofpoint's Chief Financial Officer just cashed-in 15,000 options

Paul R. Auvil, Proofpoint's Chief Financial Officer, recently cashed-in 15,000 options. The options were exercised at $3.88, while the disposals took place at $70.51 per share, on November 16, 2015. Auvil continues to hold 451,180 shares of the company. Auvil operates out of Sunnyvale, CA. Some additional info was provided as follows:

The transaction reported on this Form 4 was effected pursuant to a 10b5-1...