SEC Form 4 · accession 0001209191-15-054698
ZIX CORP · ZIXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Spurr
Officer — CEO · Director
Period of report
Jun 16, 2015
Accepted (ET)
Jun 18, 2015 · 4:53 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 | Jun 16, 2015 | M | 33,872 | $4.00 | A | 384,419 | D | |
| Common StockF1 | Jun 16, 2015 | S | 33,872 | $5.47 | D | 350,547 | D | |
| Common Stock | Jun 18, 2015 | M | 28,200 | $4.00 | A | 378,747 | D | |
| Common StockF1 | Jun 18, 2015 | S | 28,200 | $5.47 | D | 350,547 | 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 OptionsF2 | $4.00 | Jun 16, 2015 | M | 33,872 | D | — | Mar 1, 2016 | Common Stock | 33,872 | 316,128 | D |
| Common Stock OptionsF2 | $4.00 | Jun 18, 2015 | M | 28,200 | D | — | Mar 1, 2016 | Common Stock | 28,200 | 287,928 | D |
Explanation of responses
- F1These shares were sold pursuant to a pre-arranged trading plan adopted May 6, 2015, that is intended to comply with Rule 10b5-1 and the relevant options are due to expire within the next 12 months.
- F2Grant of 350,000 options on March 2, 2006 vested quarterly and pro-rata over three years. These options expire March 1, 2016.