SEC Form 4 · accession 0001209191-15-062287
ZIX CORP · ZIXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert C Hausmann
Director
Period of report
Jul 23, 2015
Accepted (ET)
Jul 23, 2015 · 6:54 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 | Jul 23, 2015 | M | 25,000 | $1.96 | A | 33,030 | D | |
| Common StockF1 | Jul 23, 2015 | S | 25,000 | $5.11 | D | 8,030 | 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 | $1.96 | Jul 23, 2015 | M | 25,000 | D | — | Nov 20, 2015 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.10 to $5.18, 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 sold at each separate price within such range.
- F2Grant of 25,000 options on November 21, 2005 vested quarterly and pro-rata over one year. These options expire November 20, 2015.