Proofpoint,Inc. (NASDAQ:PFPT) Files An 8-K Other Events

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Proofpoint,Inc. (NASDAQ:PFPT) Files An 8-K Other Events
Item 8.01 Other Events.

Proofpoint,Inc. (“Proofpoint”) issued a notice of redemption to the holders of its outstanding 1.25% Senior Convertible Notes due 2018 (the “Convertible Notes”) on November22, 2017, to which it will redeem the remaining outstanding Convertible Notes for cash at a price of 50% of the principal amount of the Convertible Notes, plus accrued and unpaid interest, if any (“the Redemption”), on December27, 2017, unless earlier converted. Prior to the consummation of the Redemption, the holders of the Convertible Notes are entitled to convert to shares of Proofpoint Common Stock at a rate of 25.6353 shares per $1,000 principal amount of Convertible Notes. As of November22, 2017, approximately $199,274,000 million aggregate principal amount of the Convertible Notes were outstanding. A copy of the notice of redemption is attached to this Current Report on Form8-K as Exhibit99.1 and is incorporated herein by reference.

Item 8.01 Financial Statements and Exhibits.

(d) Exhibits.


PROOFPOINT INC Exhibit
EX-99.1 2 a17-27530_1ex99d1.htm EX-99.1 Exhibit 99.1   NOTICE OF REDEMPTION   Proofpoint,…
To view the full exhibit click here

About Proofpoint,Inc. (NASDAQ:PFPT)

Proofpoint, Inc. is a security-as-a-service provider that enables large and mid-sized organizations around the world. The Company’s security-as-a-service platform consists of a suite of on-demand data protection solutions, including threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery and secure communication. Its solutions are built on a cloud-based platform, which protects data through on-premise and cloud-based e-mail, instant messaging, social media and other Web-based applications, and also keeps tracks of the information as it is modified and distributed throughout the enterprise for compliance and data loss prevention. Its security-as-a-service platform offers five solutions: Proofpoint Enterprise Protection, Proofpoint Information Protection, Proofpoint Enterprise Archive, Proofpoint Social Media Security & Compliance, and Proofpoint Essentials.