SEC Form 4 · accession 0001209191-15-042656

ZIX CORP · ZIXI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP, General Counsel

Period of report

May 13, 2015

Accepted (ET)

May 14, 2015 · 12:24 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
Common Stock	May 13, 2015	M	30,000	$3.86	A	84,000	D
Common Stock^F1	May 13, 2015	S	30,000	$4.69	D	54,000	D
Common Stock	May 13, 2015	M	5,001	$2.93	A	59,001	D
Common Stock^F1	May 13, 2015	S	5,001	$4.69	D	54,000	D
Common Stock	May 13, 2015	M	3,375	$2.49	A	57,375	D
Common Stock^F1	May 13, 2015	S	3,375	$4.69	D	54,000	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Stock Options^F2	$3.86	May 13, 2015	M	30,000	D	—	Jul 27, 2021	Common Stock	30,000	0	D
Common Stock Options^F3	$2.93	May 13, 2015	M	5,001	D	—	Mar 7, 2022	Common Stock	5,001	0	D
Common Stock Options^F4	$2.49	May 13, 2015	M	3,375	D	—	Jul 25, 2022	Common Stock	3,375	5,625	D

F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.66 to $4.75, 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.
F2Grant of 30,000 options on July 28, 2011 vested pro-rata and quarterly over three years.
F3Grant of 20,000 options on March 8, 2012 vested pro-rata and quarterly over three years.
F4Grant of 18,000 options on July 26, 2012 vest pro-rata and quarterly over four years.