SEC Form 4 · accession 0001209191-15-037094
ZIX CORP · ZIXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell J Morgan
Officer — Vice President
Period of report
Apr 27, 2015
Accepted (ET)
Apr 29, 2015 · 5:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000855612
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 27, 2015 | M | 9,103 | $3.00 | A | 11,603 | D | |
| Common StockF1 | Apr 27, 2015 | S | 9,103 | $4.53 | D | 2,500 | D | |
| Common Stock | Apr 28, 2015 | M | 25,597 | $3.00 | A | 28,097 | D | |
| Common StockF2 | Apr 28, 2015 | S | 25,597 | $4.42 | D | 2,500 | D | |
| Common Stock | Apr 29, 2015 | M | 5,300 | $3.00 | A | 7,800 | D | |
| Common Stock | Apr 29, 2015 | S | 3,700 | $4.40 | D | 4,100 | D | |
| Common Stock | Apr 29, 2015 | S | 1,600 | $4.41 | D | 2,500 | D | |
| Common Stock | Apr 29, 2015 | M | 4,600 | $1.11 | A | 7,100 | D | |
| Common Stock | Apr 29, 2015 | S | 4,500 | $4.40 | D | 2,600 | D | |
| Common Stock | Apr 29, 2015 | S | 100 | $4.41 | D | 2,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock OptionsF3 | $3.00 | Apr 27, 2015 | M | 9,103 | D | — | Feb 21, 2016 | Common Stock | 9,103 | 30,897 | D |
| Common Stock OptionsF3 | $3.00 | Apr 28, 2015 | M | 25,597 | D | — | Feb 21, 2016 | Common Stock | 25,597 | 5,300 | D |
| Common Stock OptionsF3 | $3.00 | Apr 29, 2015 | M | 5,300 | D | — | Feb 21, 2016 | Common Stock | 5,300 | 0 | D |
| Common Stock OptionsF4 | $1.11 | Apr 29, 2015 | M | 4,600 | D | — | Dec 22, 2018 | Common Stock | 4,600 | 11,400 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.50 to $4.55, inclusive. The reporting person undertakes to provide to Zix Corporation, any security holder of Zix Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote 1 to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.40 to $4.48, inclusive. The reporting person undertakes to provide to Zix Corporation, any security holder of Zix Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote 2 to this Form 4.
- F3These options became fully vested February 22, 2009.
- F4These options became fully vested December 23, 2011.